M Holdings Securities Inc. Takes Position in Vanguard Utilities ETF $VPU

M Holdings Securities Inc. acquired a new position in Vanguard Utilities ETF (NYSEARCA:VPU) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 25,273 shares of the company’s stock, valued at approximately $4,947,000. Vanguard Utilities ETF comprises approximately 0.7% of M Holdings Securities Inc.’s portfolio, making the stock its 29th largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. New England Private Wealth Advisors LLC raised its stake in Vanguard Utilities ETF by 1,879.2% during the 4th quarter. New England Private Wealth Advisors LLC now owns 475,432 shares of the company’s stock valued at $88,749,000 after purchasing an additional 451,410 shares during the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in Vanguard Utilities ETF in the 2nd quarter worth $9,737,000. Ameritas Advisory Services LLC increased its holdings in shares of Vanguard Utilities ETF by 1,819.8% during the 4th quarter. Ameritas Advisory Services LLC now owns 122,135 shares of the company’s stock worth $22,600,000 after purchasing an additional 115,773 shares during the period. Corient Private Wealth LLC raised its position in shares of Vanguard Utilities ETF by 90.6% during the second quarter. Corient Private Wealth LLC now owns 228,180 shares of the company’s stock valued at $40,277,000 after buying an additional 108,479 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new position in shares of Vanguard Utilities ETF during the fourth quarter valued at about $14,732,000.

Vanguard Utilities ETF Stock Performance

NYSEARCA VPU opened at $184.76 on Monday. The firm has a 50-day simple moving average of $193.23 and a 200 day simple moving average of $195.98. Vanguard Utilities ETF has a twelve month low of $178.51 and a twelve month high of $206.10. The stock has a market cap of $8.18 billion, a PE ratio of 20.60 and a beta of 0.59.

About Vanguard Utilities ETF

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.