Howe & Rusling Inc. Has $71,000 Stock Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Howe & Rusling Inc. grew its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 39.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 432 shares of the company’s stock after purchasing an additional 122 shares during the period. Howe & Rusling Inc.’s holdings in Vanguard Utilities ETF were worth $71,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Golden State Wealth Management LLC acquired a new position in shares of Vanguard Utilities ETF during the 4th quarter worth about $28,000. Twin Lakes Capital Management LLC bought a new position in Vanguard Utilities ETF in the third quarter valued at approximately $30,000. Beaird Harris Wealth Management LLC acquired a new position in shares of Vanguard Utilities ETF during the 3rd quarter worth approximately $32,000. Lee Danner & Bass Inc. bought a new stake in shares of Vanguard Utilities ETF during the 4th quarter worth approximately $49,000. Finally, Hopwood Financial Services Inc. acquired a new stake in shares of Vanguard Utilities ETF in the 4th quarter valued at approximately $50,000.

Vanguard Utilities ETF Trading Up 0.8 %

Shares of VPU opened at $169.03 on Friday. The company’s fifty day simple moving average is $169.76 and its 200 day simple moving average is $170.11. Vanguard Utilities ETF has a 1-year low of $135.67 and a 1-year high of $180.04. The company has a market cap of $9.86 billion, a price-to-earnings ratio of 20.64 and a beta of 0.61.

Vanguard Utilities ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid 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).