Truist Financial Corp Has $9.99 Million Holdings in Vanguard Utilities ETF $VPU

Truist Financial Corp grew its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 7.6% during the 3rd quarter, Holdings Channel reports. The firm owned 52,727 shares of the company’s stock after purchasing an additional 3,734 shares during the period. Truist Financial Corp’s holdings in Vanguard Utilities ETF were worth $9,987,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Signaturefd LLC grew its holdings in Vanguard Utilities ETF by 15.6% during the 2nd quarter. Signaturefd LLC now owns 452 shares of the company’s stock worth $80,000 after acquiring an additional 61 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of Vanguard Utilities ETF by 58.9% during the second quarter. Janney Montgomery Scott LLC now owns 44,113 shares of the company’s stock worth $7,787,000 after purchasing an additional 16,349 shares during the period. Tandem Investment Partners LLC increased its holdings in Vanguard Utilities ETF by 15.5% in the second quarter. Tandem Investment Partners LLC now owns 5,545 shares of the company’s stock valued at $979,000 after purchasing an additional 745 shares during the last quarter. Wealthcare Advisory Partners LLC increased its holdings in Vanguard Utilities ETF by 80.5% in the second quarter. Wealthcare Advisory Partners LLC now owns 3,309 shares of the company’s stock valued at $584,000 after purchasing an additional 1,476 shares during the last quarter. Finally, Woodmont Investment Counsel LLC acquired a new position in Vanguard Utilities ETF in the second quarter valued at about $397,000.

Vanguard Utilities ETF Trading Down 0.2%

Shares of VPU opened at $187.99 on Monday. The stock has a market cap of $7.99 billion, a P/E ratio of 20.60 and a beta of 0.61. Vanguard Utilities ETF has a 1 year low of $154.00 and a 1 year high of $203.15. The stock’s 50-day moving average price is $187.37 and its two-hundred day moving average price is $188.23.

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.