Mittelman Wealth Management Purchases 2,572 Shares of Vanguard Utilities ETF $VPU

Mittelman Wealth Management boosted its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 12.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,386 shares of the company’s stock after buying an additional 2,572 shares during the quarter. Vanguard Utilities ETF makes up about 2.9% of Mittelman Wealth Management’s holdings, making the stock its 11th biggest position. Mittelman Wealth Management owned about 0.05% of Vanguard Utilities ETF worth $4,634,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Jessup Wealth Management Inc bought a new stake in Vanguard Utilities ETF during the fourth quarter valued at about $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Vanguard Utilities ETF during the 4th quarter worth about $28,000. Physician Wealth Advisors Inc. bought a new stake in Vanguard Utilities ETF during the 4th quarter valued at approximately $31,000. Van Den Berg Management I Inc. bought a new stake in Vanguard Utilities ETF during the 1st quarter valued at approximately $32,000. Finally, Kohmann Bosshard Financial Services LLC grew its holdings in Vanguard Utilities ETF by 905.9% in the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 171 shares of the company’s stock valued at $34,000 after buying an additional 154 shares during the last quarter.

Vanguard Utilities ETF Stock Down 1.2%

Shares of NYSEARCA VPU opened at $197.01 on Tuesday. The business’s 50 day moving average is $194.78 and its two-hundred day moving average is $195.53. The company has a market cap of $8.72 billion, a P/E ratio of 20.60 and a beta of 0.59. Vanguard Utilities ETF has a 12 month low of $178.51 and a 12 month high of $206.10.

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.