Corient Private Wealth LP Cuts Stake in Vanguard Utilities ETF $VPU

Corient Private Wealth LP reduced its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 17.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 84,125 shares of the company’s stock after selling 17,673 shares during the period. Corient Private Wealth LP’s holdings in Vanguard Utilities ETF were worth $16,466,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. D.A. Davidson & CO. lifted its holdings in shares of Vanguard Utilities ETF by 1.8% in the 1st quarter. D.A. Davidson & CO. now owns 2,825 shares of the company’s stock worth $560,000 after acquiring an additional 50 shares during the last quarter. Diversify Wealth Management LLC boosted its stake in shares of Vanguard Utilities ETF by 2.9% in the 1st quarter. Diversify Wealth Management LLC now owns 1,911 shares of the company’s stock valued at $378,000 after purchasing an additional 53 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Vanguard Utilities ETF by 0.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 13,292 shares of the company’s stock valued at $2,602,000 after purchasing an additional 54 shares during the last quarter. Chemistry Wealth Management LLC grew its holdings in shares of Vanguard Utilities ETF by 2.0% during the 2nd quarter. Chemistry Wealth Management LLC now owns 2,797 shares of the company’s stock valued at $547,000 after purchasing an additional 55 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of Vanguard Utilities ETF by 3.0% during the 4th quarter. Parallel Advisors LLC now owns 2,219 shares of the company’s stock valued at $411,000 after purchasing an additional 64 shares during the last quarter.

Vanguard Utilities ETF Stock Down 1.3%

Shares of NYSEARCA:VPU opened at $180.77 on Tuesday. The stock has a market cap of $8.00 billion, a PE ratio of 20.60 and a beta of 0.58. The company’s fifty day moving average is $190.60 and its 200 day moving average is $194.89. Vanguard Utilities ETF has a 52 week low of $180.57 and a 52 week high of $206.10.

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.