Seamount Financial Group Inc. Increases Stake in Vanguard Utilities ETF $VPU

Seamount Financial Group Inc. grew its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 15.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,090 shares of the company’s stock after acquiring an additional 534 shares during the period. Seamount Financial Group Inc.’s holdings in Vanguard Utilities ETF were worth $722,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in Vanguard Utilities ETF by 6.6% during the first quarter. Envestnet Asset Management Inc. now owns 643,021 shares of the company’s stock worth $109,834,000 after purchasing an additional 40,025 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Vanguard Utilities ETF by 8.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 611,050 shares of the company’s stock worth $104,373,000 after purchasing an additional 46,436 shares during the period. Empower Advisory Group LLC increased its position in Vanguard Utilities ETF by 4.6% during the 1st quarter. Empower Advisory Group LLC now owns 380,900 shares of the company’s stock worth $65,062,000 after purchasing an additional 16,842 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Vanguard Utilities ETF by 18.0% during the 1st quarter. Ameriprise Financial Inc. now owns 263,041 shares of the company’s stock worth $44,935,000 after buying an additional 40,035 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Vanguard Utilities ETF by 6.9% during the 1st quarter. Cetera Investment Advisers now owns 218,335 shares of the company’s stock worth $37,294,000 after buying an additional 14,147 shares in the last quarter.

Vanguard Utilities ETF Price Performance

Vanguard Utilities ETF stock opened at $194.75 on Tuesday. Vanguard Utilities ETF has a 1-year low of $154.00 and a 1-year high of $194.85. The company has a market cap of $7.88 billion, a PE ratio of 20.60 and a beta of 0.54. The stock’s 50 day moving average price is $185.46 and its 200 day moving average price is $177.62.

Vanguard Utilities ETF Company 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).