Anchor Investment Management LLC Has $925,000 Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Anchor Investment Management LLC boosted its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 2.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,662 shares of the company’s stock after purchasing an additional 140 shares during the quarter. Anchor Investment Management LLC’s holdings in Vanguard Utilities ETF were worth $925,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Apollon Wealth Management LLC acquired a new stake in shares of Vanguard Utilities ETF in the fourth quarter valued at approximately $228,000. Park Avenue Securities LLC acquired a new position in Vanguard Utilities ETF in the 4th quarter valued at $428,000. Principal Securities Inc. grew its holdings in shares of Vanguard Utilities ETF by 14.3% during the 4th quarter. Principal Securities Inc. now owns 4,795 shares of the company’s stock worth $784,000 after purchasing an additional 600 shares in the last quarter. IFP Advisors Inc increased its position in shares of Vanguard Utilities ETF by 50.1% in the fourth quarter. IFP Advisors Inc now owns 914 shares of the company’s stock worth $149,000 after purchasing an additional 305 shares during the period. Finally, Glassy Mountain Advisors Inc. raised its stake in Vanguard Utilities ETF by 10.7% in the fourth quarter. Glassy Mountain Advisors Inc. now owns 16,034 shares of the company’s stock valued at $2,620,000 after purchasing an additional 1,549 shares in the last quarter.

Vanguard Utilities ETF Stock Up 0.1 %

VPU opened at $168.47 on Wednesday. Vanguard Utilities ETF has a twelve month low of $135.67 and a twelve month high of $180.04. The stock has a market capitalization of $9.83 billion, a price-to-earnings ratio of 19.97 and a beta of 0.57. The company has a 50-day simple moving average of $168.84 and a 200 day simple moving average of $169.60.

Vanguard Utilities ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $1.2275 per share. The ex-dividend date was Tuesday, March 25th.

Vanguard Utilities ETF Company Profile

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).