World Investment Advisors Sells 93 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

World Investment Advisors trimmed its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 4.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,085 shares of the company’s stock after selling 93 shares during the quarter. World Investment Advisors’ holdings in Vanguard Utilities ETF were worth $341,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wealthfront Advisers LLC grew its position in shares of Vanguard Utilities ETF by 93,677.4% in the 4th quarter. Wealthfront Advisers LLC now owns 4,582,900 shares of the company’s stock worth $748,938,000 after buying an additional 4,578,013 shares during the period. LPL Financial LLC grew its holdings in Vanguard Utilities ETF by 8.5% in the fourth quarter. LPL Financial LLC now owns 667,124 shares of the company’s stock worth $109,021,000 after purchasing an additional 52,348 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Vanguard Utilities ETF by 3.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 158,804 shares of the company’s stock valued at $25,952,000 after purchasing an additional 5,969 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Utilities ETF during the fourth quarter valued at approximately $24,659,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Vanguard Utilities ETF in the 4th quarter worth approximately $20,003,000.

Vanguard Utilities ETF Stock Down 0.6 %

Vanguard Utilities ETF stock opened at $158.36 on Wednesday. The stock’s 50 day moving average is $169.19 and its 200 day moving average is $169.90. The company has a market capitalization of $9.24 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 declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a dividend of $1.2275 per share. The ex-dividend date 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).