Financial Gravity Wealth Inc. Buys New Stake in Vanguard Utilities ETF (VPU)

Financial Gravity Wealth Inc. bought a new position in Vanguard Utilities ETF (NYSEARCA:VPU) in the 1st quarter, Holdings Channel reports. The firm bought 824 shares of the company’s stock, valued at approximately $106,000.

A number of other large investors also recently made changes to their positions in the stock. Beacon Capital Management Inc. grew its position in Vanguard Utilities ETF by 287.3% in the first quarter. Beacon Capital Management Inc. now owns 1,346,387 shares of the company’s stock worth $174,492,000 after acquiring an additional 998,709 shares in the last quarter. Morgan Stanley grew its position in Vanguard Utilities ETF by 33.4% in the third quarter. Morgan Stanley now owns 468,517 shares of the company’s stock worth $55,224,000 after acquiring an additional 117,423 shares in the last quarter. LPL Financial LLC grew its position in Vanguard Utilities ETF by 18.6% in the fourth quarter. LPL Financial LLC now owns 279,040 shares of the company’s stock worth $32,879,000 after acquiring an additional 43,794 shares in the last quarter. Rehmann Capital Advisory Group grew its position in Vanguard Utilities ETF by 11,717.9% in the third quarter. Rehmann Capital Advisory Group now owns 195,350 shares of the company’s stock worth $1,657,000 after acquiring an additional 193,697 shares in the last quarter. Finally, Personal Capital Advisors Corp grew its position in Vanguard Utilities ETF by 11.3% in the fourth quarter. Personal Capital Advisors Corp now owns 133,758 shares of the company’s stock worth $15,761,000 after acquiring an additional 13,632 shares in the last quarter.

Shares of NYSEARCA:VPU opened at $127.54 on Monday. Vanguard Utilities ETF has a 52-week low of $108.48 and a 52-week high of $131.37.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 22nd were paid a $0.9454 dividend. This represents a $3.78 annualized dividend and a yield of 2.97%. The ex-dividend date of this dividend was Thursday, March 21st.

ILLEGAL ACTIVITY NOTICE: “Financial Gravity Wealth Inc. Buys New Stake in Vanguard Utilities ETF (VPU)” was reported by Baseball Daily News and is owned by of Baseball Daily News. If you are reading this story on another publication, it was illegally stolen and reposted in violation of international copyright and trademark law. The correct version of this story can be viewed at https://www.baseballdailydigest.com/news/2019/04/22/financial-gravity-wealth-inc-buys-new-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).

Recommended Story: Understanding Market Liquidity

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.