LPL Financial LLC Has $22.94 Million Stake in Vanguard Utilities ETF (VPU)

LPL Financial LLC cut its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 6.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 196,795 shares of the company’s stock after selling 12,508 shares during the quarter. LPL Financial LLC’s holdings in Vanguard Utilities ETF were worth $22,944,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Calton & Associates Inc. acquired a new position in shares of Vanguard Utilities ETF in the 4th quarter valued at approximately $184,000. IFC Holdings Incorporated FL acquired a new position in shares of Vanguard Utilities ETF in the 4th quarter valued at approximately $213,000. Founders Financial Securities LLC acquired a new position in shares of Vanguard Utilities ETF in the 4th quarter valued at approximately $217,000. Front Row Advisors LLC acquired a new position in shares of Vanguard Utilities ETF in the 4th quarter valued at approximately $224,000. Finally, Cetera Investment Advisers acquired a new position in shares of Vanguard Utilities ETF in the 4th quarter valued at approximately $242,000.

How to Become a New Pot Stock Millionaire

Vanguard Utilities ETF (VPU) opened at $111.08 on Friday. The company has a market cap of $2,490.00 and a P/E ratio of 6.76. Vanguard Utilities ETF has a 12-month low of $104.82 and a 12-month high of $125.54.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Monday, March 19th will be given a $0.8389 dividend. This represents a $3.36 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Friday, March 16th. Vanguard Utilities ETF’s payout ratio is presently 22.57%.

COPYRIGHT VIOLATION NOTICE: “LPL Financial LLC Has $22.94 Million Stake in Vanguard Utilities ETF (VPU)” was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright & trademark law. The original version of this piece of content can be read at https://www.com-unik.info/2018/03/17/lpl-financial-llc-has-22-94-million-stake-in-vanguard-utilities-etf-vpu.html.

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).

Want to see what other hedge funds are holding VPU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Utilities ETF (NYSEARCA:VPU).

Institutional Ownership by Quarter for Vanguard Utilities ETF (NYSEARCA:VPU)

Receive News & Ratings for Vanguard Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit