TIAA Trust National Association Lowers Position in Vanguard Utilities ETF $VPU

TIAA Trust National Association reduced its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 51.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 4,838 shares of the company’s stock after selling 5,066 shares during the period. TIAA Trust National Association’s holdings in Vanguard Utilities ETF were worth $916,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Northwest Financial Advisors raised its position in Vanguard Utilities ETF by 1.7% during the third quarter. Northwest Financial Advisors now owns 3,185 shares of the company’s stock valued at $603,000 after purchasing an additional 54 shares during the period. Guardian Asset Advisors LLC increased its position in shares of Vanguard Utilities ETF by 4.8% during the 3rd quarter. Guardian Asset Advisors LLC now owns 1,197 shares of the company’s stock valued at $227,000 after purchasing an additional 55 shares during the last quarter. NFP Retirement Inc. raised its holdings in Vanguard Utilities ETF by 1.3% during the 2nd quarter. NFP Retirement Inc. now owns 4,826 shares of the company’s stock valued at $852,000 after buying an additional 60 shares during the period. Apollon Wealth Management LLC lifted its position in Vanguard Utilities ETF by 4.6% in the third quarter. Apollon Wealth Management LLC now owns 1,373 shares of the company’s stock worth $260,000 after buying an additional 60 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc lifted its position in Vanguard Utilities ETF by 0.8% in the third quarter. Glass Jacobson Investment Advisors llc now owns 7,915 shares of the company’s stock worth $1,499,000 after buying an additional 66 shares during the last quarter.

Vanguard Utilities ETF Stock Up 1.0%

VPU stock opened at $205.87 on Monday. Vanguard Utilities ETF has a twelve month low of $154.00 and a twelve month high of $206.10. The stock has a market capitalization of $8.75 billion, a price-to-earnings ratio of 20.60 and a beta of 0.61. The firm’s fifty day simple moving average is $190.28 and its two-hundred day simple moving average is $189.94.

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). 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.