Porter White Investment Advisors Inc. acquired a new position in shares of Vanguard Utilities ETF (NYSEARCA:VPU – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 28,758 shares of the company’s stock, valued at approximately $4,912,000. Vanguard Utilities ETF makes up 2.4% of Porter White Investment Advisors Inc.’s investment portfolio, making the stock its 7th biggest holding.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VPU. Jane Street Group LLC purchased a new stake in Vanguard Utilities ETF in the 4th quarter valued at about $615,000. D. E. Shaw & Co. Inc. purchased a new stake in Vanguard Utilities ETF in the 4th quarter valued at about $4,843,000. Quantinno Capital Management LP grew its holdings in Vanguard Utilities ETF by 48.4% in the 4th quarter. Quantinno Capital Management LP now owns 2,611 shares of the company’s stock valued at $427,000 after buying an additional 851 shares during the period. Royal Bank of Canada grew its holdings in Vanguard Utilities ETF by 5.2% in the 4th quarter. Royal Bank of Canada now owns 205,664 shares of the company’s stock valued at $33,610,000 after buying an additional 10,240 shares during the period. Finally, Two Sigma Investments LP purchased a new stake in Vanguard Utilities ETF in the 4th quarter valued at about $17,502,000.
Vanguard Utilities ETF Price Performance
VPU opened at $184.29 on Friday. The stock has a market capitalization of $7.35 billion, a price-to-earnings ratio of 20.60 and a beta of 0.54. The business has a 50-day moving average of $182.68 and a two-hundred day moving average of $175.41. Vanguard Utilities ETF has a 12 month low of $154.00 and a 12 month high of $189.30.
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).
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