Bank of New York Mellon Corp Reduces Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Bank of New York Mellon Corp decreased its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 44.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,042 shares of the company’s stock after selling 1,645 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Utilities ETF were worth $334,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VPU. Golden State Wealth Management LLC acquired a new position in shares of Vanguard Utilities ETF in the 4th quarter valued at approximately $28,000. Twin Lakes Capital Management LLC acquired a new stake in Vanguard Utilities ETF in the third quarter valued at $30,000. Beaird Harris Wealth Management LLC bought a new position in Vanguard Utilities ETF during the 3rd quarter valued at $32,000. GAMMA Investing LLC grew its holdings in Vanguard Utilities ETF by 4,862.5% during the 4th quarter. GAMMA Investing LLC now owns 397 shares of the company’s stock worth $65,000 after acquiring an additional 389 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. bought a new stake in shares of Vanguard Utilities ETF in the 4th quarter worth about $73,000.

Vanguard Utilities ETF Stock Performance

Shares of VPU stock opened at $169.03 on Friday. The stock has a market capitalization of $9.86 billion, a price-to-earnings ratio of 20.64 and a beta of 0.61. Vanguard Utilities ETF has a one year low of $135.67 and a one year high of $180.04. The company’s 50-day simple moving average is $169.76 and its 200-day simple moving average is $170.11.

Vanguard Utilities ETF Cuts Dividend

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