Vanguard Utilities ETF (NYSEARCA:VPU) Shares Sold by Investor s Fiduciary Advisor Network LLC

Investor s Fiduciary Advisor Network LLC cut its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 3.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,583 shares of the company’s stock after selling 121 shares during the period. Investor s Fiduciary Advisor Network LLC’s holdings in Vanguard Utilities ETF were worth $612,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VPU. Assetmark Inc. raised its stake in Vanguard Utilities ETF by 101.5% during the 4th quarter. Assetmark Inc. now owns 1,511 shares of the company’s stock valued at $247,000 after acquiring an additional 761 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Utilities ETF during the 4th quarter worth approximately $24,659,000. Rialto Wealth Management LLC purchased a new position in shares of Vanguard Utilities ETF during the 4th quarter worth approximately $271,000. Independent Advisor Alliance purchased a new position in shares of Vanguard Utilities ETF during the 4th quarter worth approximately $488,000. Finally, Tortoise Investment Management LLC raised its stake in shares of Vanguard Utilities ETF by 5.4% during the 4th quarter. Tortoise Investment Management LLC now owns 1,373 shares of the company’s stock worth $224,000 after buying an additional 70 shares in the last quarter.

Vanguard Utilities ETF Trading Up 0.8%

Shares of VPU stock opened at $176.97 on Friday. The company has a market cap of $7.05 billion, a price-to-earnings ratio of 20.60 and a beta of 0.54. The stock has a 50 day simple moving average of $174.96 and a 200-day simple moving average of $170.29. Vanguard Utilities ETF has a 12-month low of $148.05 and a 12-month high of $180.04.

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).