Sovereign Financial Group Inc. Acquires 348 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

Sovereign Financial Group Inc. lifted its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,304 shares of the company’s stock after purchasing an additional 348 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Vanguard Utilities ETF were worth $1,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of VPU. Colonial River Wealth Management LLC raised its stake in Vanguard Utilities ETF by 2.0% during the 3rd quarter. Colonial River Wealth Management LLC now owns 4,209 shares of the company’s stock worth $537,000 after acquiring an additional 84 shares during the period. Huntington National Bank raised its position in Vanguard Utilities ETF by 1.6% in the 3rd quarter. Huntington National Bank now owns 5,535 shares of the company’s stock worth $706,000 after purchasing an additional 86 shares during the period. Kennedy Investment Group grew its position in Vanguard Utilities ETF by 1.2% in the 4th quarter. Kennedy Investment Group now owns 6,998 shares of the company’s stock valued at $959,000 after acquiring an additional 86 shares during the last quarter. IFG Advisory LLC grew its stake in Vanguard Utilities ETF by 0.3% in the 4th quarter. IFG Advisory LLC now owns 27,854 shares of the company’s stock worth $3,818,000 after acquiring an additional 92 shares in the last quarter. Finally, Clearstead Advisors LLC increased its stake in shares of Vanguard Utilities ETF by 16.4% during the third quarter. Clearstead Advisors LLC now owns 754 shares of the company’s stock valued at $96,000 after buying an additional 106 shares during the period.

Vanguard Utilities ETF Trading Up 0.9 %

Shares of VPU traded up $1.35 during trading hours on Wednesday, hitting $152.39. The company had a trading volume of 232,865 shares, compared to its average volume of 221,759. The company has a market capitalization of $5.49 billion, a PE ratio of 20.65 and a beta of 0.56. The company’s fifty day moving average price is $140.79 and its two-hundred day moving average price is $136.32. Vanguard Utilities ETF has a one year low of $118.81 and a one year high of $152.55.

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).