Oppenheimer & Co. Inc. trimmed its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU – Free Report) by 81.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,863 shares of the company’s stock after selling 38,989 shares during the period. Oppenheimer & Co. Inc.’s holdings in Vanguard Utilities ETF were worth $1,516,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of the stock. Lodestone Wealth Management LLC purchased a new position in Vanguard Utilities ETF during the third quarter worth $31,000. Van Den Berg Management I Inc. acquired a new position in shares of Vanguard Utilities ETF in the first quarter worth $32,000. NORTHSTAR ASSET MANAGEMENT Co purchased a new stake in shares of Vanguard Utilities ETF in the third quarter valued at $41,000. Main Street Group LTD purchased a new stake in shares of Vanguard Utilities ETF in the first quarter valued at $49,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of Vanguard Utilities ETF in the first quarter valued at $54,000.
Vanguard Utilities ETF Price Performance
Shares of NYSEARCA VPU opened at $187.58 on Monday. The company has a market cap of $8.43 billion, a PE ratio of 20.60 and a beta of 0.57. Vanguard Utilities ETF has a 12 month low of $169.37 and a 12 month high of $206.10. The company has a 50-day simple moving average of $180.73 and a 200-day simple moving average of $191.59.
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.
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