Ritter Daniher Financial Advisory LLC DE Invests $29,000 in Vanguard Utilities ETF (NYSEARCA:VPU)

Ritter Daniher Financial Advisory LLC DE bought a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) in the fourth quarter, HoldingsChannel.com reports. The fund bought 175 shares of the company’s stock, valued at approximately $29,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of VPU. The Manufacturers Life Insurance Company purchased a new stake in Vanguard Utilities ETF during the third quarter valued at approximately $623,000. Apollon Wealth Management LLC bought a new position in shares of Vanguard Utilities ETF during the 4th quarter valued at approximately $228,000. Park Avenue Securities LLC bought a new position in shares of Vanguard Utilities ETF during the 4th quarter valued at approximately $428,000. Principal Securities Inc. raised its holdings in Vanguard Utilities ETF by 14.3% during the 4th quarter. Principal Securities Inc. now owns 4,795 shares of the company’s stock valued at $784,000 after buying an additional 600 shares during the period. Finally, IFP Advisors Inc lifted its position in 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 buying an additional 305 shares during the last quarter.

Vanguard Utilities ETF Stock Down 5.5 %

VPU stock opened at $161.70 on Monday. 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 $9.44 billion, a price-to-earnings ratio of 19.97 and a beta of 0.57. The firm’s fifty day simple moving average is $169.64 and its two-hundred day simple moving average is $170.15.

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 issued a dividend of $1.2275 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard Utilities ETF 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).