Vestmark Advisory Solutions Inc. Takes Position in Vanguard Utilities ETF $VPU

Vestmark Advisory Solutions Inc. purchased a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,583 shares of the company’s stock, valued at approximately $679,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Utilities ETF by 7.0% during the second quarter. Wealthfront Advisers LLC now owns 6,545 shares of the company’s stock worth $1,155,000 after purchasing an additional 431 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in Vanguard Utilities ETF during the second quarter worth approximately $450,000. Howard Capital Management Inc. bought a new position in Vanguard Utilities ETF during the 2nd quarter worth $203,000. L.M. Kohn & Company acquired a new position in Vanguard Utilities ETF in the 2nd quarter valued at $454,000. Finally, World Investment Advisors raised its holdings in Vanguard Utilities ETF by 73.1% in the 2nd quarter. World Investment Advisors now owns 6,174 shares of the company’s stock valued at $1,090,000 after acquiring an additional 2,607 shares in the last quarter.

Vanguard Utilities ETF Stock Performance

VPU opened at $203.78 on Friday. The firm has a market cap of $8.66 billion, a P/E ratio of 20.60 and a beta of 0.61. Vanguard Utilities ETF has a 52-week low of $154.00 and a 52-week high of $204.81. The business’s fifty day moving average is $189.83 and its 200-day moving average is $189.75.

Vanguard Utilities ETF Company 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). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.