Tyche Wealth Partners LLC Makes New $236,000 Investment in Vanguard Utilities ETF (NYSEARCA:VPU)

Tyche Wealth Partners LLC bought a new position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) during the fourth quarter, HoldingsChannel.com reports. The firm bought 1,725 shares of the company’s stock, valued at approximately $236,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VPU. Morgan Stanley grew its position in shares of Vanguard Utilities ETF by 4.9% in the 4th quarter. Morgan Stanley now owns 1,042,156 shares of the company’s stock valued at $159,825,000 after purchasing an additional 48,444 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Vanguard Utilities ETF by 214.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 715,642 shares of the company’s stock valued at $91,273,000 after purchasing an additional 487,927 shares during the period. Bank of America Corp DE grew its position in shares of Vanguard Utilities ETF by 2.1% in the 1st quarter. Bank of America Corp DE now owns 704,376 shares of the company’s stock valued at $103,909,000 after purchasing an additional 14,236 shares during the period. LPL Financial LLC grew its position in shares of Vanguard Utilities ETF by 0.6% in the 3rd quarter. LPL Financial LLC now owns 598,946 shares of the company’s stock valued at $76,390,000 after purchasing an additional 3,825 shares during the period. Finally, International Assets Investment Management LLC grew its position in shares of Vanguard Utilities ETF by 3,923.6% in the 4th quarter. International Assets Investment Management LLC now owns 381,877 shares of the company’s stock valued at $52,344,000 after purchasing an additional 372,386 shares during the period.

Vanguard Utilities ETF Stock Performance

Shares of VPU opened at $139.57 on Friday. The stock has a 50 day simple moving average of $137.26 and a 200 day simple moving average of $134.37. Vanguard Utilities ETF has a 52-week low of $118.81 and a 52-week high of $152.55. The firm has a market capitalization of $5.02 billion, a PE ratio of 19.85 and a beta of 0.56.

Vanguard Utilities ETF 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).