Cypress Capital Management LLC cut its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 9.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,670 shares of the company’s stock after selling 1,095 shares during the period. Cypress Capital Management LLC’s holdings in Vanguard Utilities ETF were worth $1,499,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Captrust Financial Advisors grew its stake in shares of Vanguard Utilities ETF by 18,200.0% during the 4th quarter. Captrust Financial Advisors now owns 183 shares of the company’s stock valued at $25,000 after buying an additional 182 shares during the period. RWM Asset Management LLC purchased a new stake in Vanguard Utilities ETF during the 4th quarter worth $30,000. Running Point Capital Advisors LLC purchased a new stake in Vanguard Utilities ETF during the 4th quarter worth $33,000. SOA Wealth Advisors LLC. purchased a new stake in Vanguard Utilities ETF during the 4th quarter worth $33,000. Finally, Laurel Wealth Advisors LLC boosted its position in Vanguard Utilities ETF by 400.0% during the 4th quarter. Laurel Wealth Advisors LLC now owns 250 shares of the company’s stock worth $34,000 after purchasing an additional 200 shares during the period.
VPU stock traded down $0.07 during trading on Friday, reaching $144.62. The stock had a trading volume of 3,069 shares, compared to its average volume of 240,564. Vanguard Utilities ETF has a 1-year low of $119.99 and a 1-year high of $148.49. The company has a fifty day moving average of $143.76.
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).
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