Ladenburg Thalmann Financial Services Inc. cut its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 9.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 94,623 shares of the company’s stock after selling 9,441 shares during the period. Ladenburg Thalmann Financial Services Inc. owned 0.41% of Vanguard Utilities ETF worth $11,032,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in VPU. Calton & Associates Inc. bought a new stake in Vanguard Utilities ETF during the fourth quarter worth $184,000. IFC Holdings Incorporated FL acquired a new position in shares of Vanguard Utilities ETF in the fourth quarter valued at $213,000. Founders Financial Securities LLC acquired a new position in shares of Vanguard Utilities ETF in the fourth quarter valued at about $217,000. Front Row Advisors LLC acquired a new position in shares of Vanguard Utilities ETF in the fourth quarter valued at about $224,000. Finally, Cetera Investment Advisers acquired a new position in shares of Vanguard Utilities ETF in the fourth quarter valued at about $242,000.
Shares of Vanguard Utilities ETF stock opened at $111.56 on Friday. Vanguard Utilities ETF has a 12-month low of $104.82 and a 12-month high of $125.54.
The business also recently announced a quarterly dividend, which was paid on Wednesday, March 21st. Stockholders of record on Monday, March 19th were issued a $0.8389 dividend. The ex-dividend date was Friday, March 16th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.01%.
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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).
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