Western Wealth Management LLC Raises Stake in Vanguard Utilities ETF $VPU

Western Wealth Management LLC lifted its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 1,008.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,028 shares of the company’s stock after buying an additional 14,582 shares during the quarter. Western Wealth Management LLC’s holdings in Vanguard Utilities ETF were worth $2,966,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VPU. Physician Wealth Advisors Inc. purchased a new stake in shares of Vanguard Utilities ETF during the fourth quarter worth about $31,000. Imprint Wealth LLC purchased a new stake in shares of Vanguard Utilities ETF during the third quarter worth about $38,000. Turning Point Benefit Group Inc. purchased a new stake in shares of Vanguard Utilities ETF during the fourth quarter worth about $48,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Vanguard Utilities ETF during the third quarter worth about $51,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Vanguard Utilities ETF during the fourth quarter worth about $63,000.

Vanguard Utilities ETF Price Performance

Shares of NYSEARCA VPU opened at $194.56 on Friday. The company has a market cap of $8.55 billion, a PE ratio of 20.60 and a beta of 0.62. Vanguard Utilities ETF has a 12 month low of $171.17 and a 12 month high of $206.10. The company has a 50-day simple moving average of $199.04 and a 200-day simple moving average of $193.83.

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.