Hurley Capital LLC Purchases New Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Hurley Capital LLC purchased a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 257 shares of the company’s stock, valued at approximately $43,000.

Other large investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company acquired a new position in shares of Vanguard Utilities ETF in the 3rd quarter worth approximately $623,000. Apollon Wealth Management LLC acquired a new position in Vanguard Utilities ETF in the fourth quarter worth $228,000. Park Avenue Securities LLC bought a new stake in shares of Vanguard Utilities ETF during the fourth quarter worth $428,000. Principal Securities Inc. grew its holdings in shares of Vanguard Utilities ETF by 14.3% during the fourth quarter. Principal Securities Inc. now owns 4,795 shares of the company’s stock worth $784,000 after purchasing an additional 600 shares during the last quarter. Finally, IFP Advisors Inc raised its holdings 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 valued at $149,000 after buying an additional 305 shares during the last quarter.

Vanguard Utilities ETF Stock Down 5.5 %

Shares of NYSEARCA VPU opened at $161.70 on Friday. Vanguard Utilities ETF has a 12-month low of $135.67 and a 12-month high of $180.04. The firm’s 50-day simple moving average is $169.64 and its 200 day simple moving average is $170.14. The company has a market cap of $9.44 billion, a price-to-earnings ratio of 19.97 and a beta of 0.57.

Vanguard Utilities ETF Cuts Dividend

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