Vanguard Utilities ETF
VPU
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- Jan 30, 2004
- CIK
- 0000052848
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Utilities ETF (VPU) is an exchange-traded fund that employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Utilities 25/50, comprising stocks of large-, mid-, and small-cap U.S. companies within the utilities sector as classified under the Global Industry Classification Standard (GICS). The fund offers investors broad exposure to the U.S. utilities industry through a non-diversified portfolio of approximately 70-72 holdings; top positions include NextEra Energy Inc. (NEE, ~10.4%), Constellation Energy Corp. (CEG, ~6.9%), Southern Co. (SO, ~6.7%), Duke Energy Corp. (DUK, ~6.4%), Vistra Corp. (VST, ~4.4%), American Electric Power Co. Inc. (AEP, ~4.0%), Sempra (SRE, ~3.9%), Dominion Energy Inc. (D, ~3.5%), Xcel Energy Inc. (XEL, ~3.1%), and Exelon Corp. (EXC, ~3.0%), representing over 52% of assets. It provides quarterly dividend distributions with a trailing twelve-month yield of approximately 2.50%, supported by a low expense ratio of 0.09%, and maintains assets under management exceeding $8 billion. Launched on January 26, 2004, and domiciled in the United States, VPU is issued and managed by The Vanguard Group, Inc., with primary operations focused on the U.S. equity markets and targeting investors seeking defensive, income-oriented exposure to regulated utilities, including electric, gas, water, and multi-utilities subsectors. In recent developments, VPU has benefited from heightened sector tailwinds driven by surging electricity demand from AI data centers and electrification trends, with year-to-date returns exceeding 18% as of late 2025 amid Federal Reserve rate cuts lowering borrowing costs for utilities; notable portfolio impacts include expansions by holdings like NextEra Energy partnering with Alphabet Inc. to restart the Duane Arnold Energy Center for carbon-free power supply to data centers, alongside broader industry capacity builds and power purchase agreements by firms such as Duke Energy. The fund continues quarterly dividend increases, with the September 2025 ex-dividend payout at $1.2267 per share reflecting a 30-day SEC yield around 2.62%, underscoring its appeal in volatile markets without structural changes such as mergers, acquisitions, or index reconstitutions reported in the past 1-2 years.