Brown Brothers Harriman & Co. Acquires New Shares in Vanguard Utilities ETF (NYSEARCA:VPU)

Brown Brothers Harriman & Co. bought a new position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 222 shares of the company’s stock, valued at approximately $36,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new position in Vanguard Utilities ETF in the 4th quarter worth $28,000. Twin Lakes Capital Management LLC acquired a new position in shares of Vanguard Utilities ETF during the third quarter worth about $30,000. Beaird Harris Wealth Management LLC bought a new position in shares of Vanguard Utilities ETF during the third quarter worth about $32,000. Lee Danner & Bass Inc. acquired a new stake in Vanguard Utilities ETF in the 4th quarter valued at approximately $49,000. Finally, Hopwood Financial Services Inc. bought a new stake in Vanguard Utilities ETF in the 4th quarter valued at approximately $50,000.

Vanguard Utilities ETF Stock Up 0.4 %

Shares of VPU opened at $171.95 on Thursday. The company has a 50 day moving average of $169.81 and a 200-day moving average of $170.21. The stock has a market capitalization of $10.03 billion, a P/E ratio of 19.97 and a beta of 0.57. Vanguard Utilities ETF has a twelve month low of $135.67 and a twelve month high of $180.04.

Vanguard Utilities ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $1.2275 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

About Vanguard Utilities ETF

Vanguard Utilities ETF (the Fund) is an exchange-traded class of shares issued by Vanguard Utilities Index Fund. The Fund tracks the performance of Morgan Stanley Capital International United States Investable Market Utilities Index, an index made up of stocks of large, medium-size and small United States companies in the utilities sector, as classified under the Global Industry Classification Standard (GICS).