Arlington Capital Management Inc. Boosts Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

Arlington Capital Management Inc. grew its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 8.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,400 shares of the company’s stock after buying an additional 253 shares during the period. Arlington Capital Management Inc.’s holdings in Vanguard Utilities ETF were worth $556,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of VPU. Golden State Wealth Management LLC bought a new position in Vanguard Utilities ETF in the 4th quarter valued at $28,000. Twin Lakes Capital Management LLC purchased a new stake in shares of Vanguard Utilities ETF during the third quarter valued at $30,000. Beaird Harris Wealth Management LLC purchased a new stake in shares of Vanguard Utilities ETF during the third quarter valued at $32,000. Lee Danner & Bass Inc. bought a new position in shares of Vanguard Utilities ETF in the fourth quarter worth about $49,000. Finally, Hopwood Financial Services Inc. purchased a new position in Vanguard Utilities ETF in the 4th quarter worth about $50,000.

Vanguard Utilities ETF Price Performance

Vanguard Utilities ETF stock opened at $166.74 on Wednesday. The stock has a market cap of $9.73 billion, a price-to-earnings ratio of 20.64 and a beta of 0.61. The firm has a 50-day moving average of $169.79 and a two-hundred day moving average of $170.12. Vanguard Utilities ETF has a 1 year low of $135.67 and a 1 year high of $180.04.

Vanguard Utilities ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be issued a dividend of $1.2275 per share. The ex-dividend date is Tuesday, March 25th.

Vanguard Utilities ETF Company 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).