LPL Financial LLC Acquires 60,554 Shares of Vanguard Utilities ETF $VPU

LPL Financial LLC increased its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 7.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 893,163 shares of the company’s stock after acquiring an additional 60,554 shares during the period. LPL Financial LLC owned approximately 2.10% of Vanguard Utilities ETF worth $165,271,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of VPU. Physician Wealth Advisors Inc. purchased a new position in shares of Vanguard Utilities ETF during the fourth quarter valued at approximately $31,000. Imprint Wealth LLC purchased a new position in shares of Vanguard Utilities ETF during the third quarter valued at approximately $38,000. Turning Point Benefit Group Inc. purchased a new position in shares of Vanguard Utilities ETF during the fourth quarter valued at approximately $48,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Vanguard Utilities ETF during the third quarter valued at approximately $51,000. Finally, Greykasell Wealth Strategies Inc. purchased a new position in shares of Vanguard Utilities ETF during the fourth quarter valued at approximately $55,000.

Vanguard Utilities ETF Stock Performance

VPU stock opened at $190.57 on Thursday. The firm has a 50 day moving average price of $196.26 and a 200-day moving average price of $193.64. Vanguard Utilities ETF has a 52-week low of $172.67 and a 52-week high of $206.10. The firm has a market capitalization of $8.37 billion, a price-to-earnings ratio of 20.60 and a beta of 0.59.

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.