BTS Asset Management Inc. Sells 98 Shares of Vanguard Utilities ETF $VPU

BTS Asset Management Inc. reduced its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 5.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,833 shares of the company’s stock after selling 98 shares during the quarter. Vanguard Utilities ETF accounts for 0.4% of BTS Asset Management Inc.’s portfolio, making the stock its 22nd largest position. BTS Asset Management Inc.’s holdings in Vanguard Utilities ETF were worth $324,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VPU. Wealth Enhancement Advisory Services LLC lifted its position in Vanguard Utilities ETF by 124.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 19,113 shares of the company’s stock valued at $3,265,000 after acquiring an additional 10,614 shares in the last quarter. Consolidated Portfolio Review Corp lifted its position in Vanguard Utilities ETF by 10.8% in the 1st quarter. Consolidated Portfolio Review Corp now owns 8,675 shares of the company’s stock valued at $1,482,000 after acquiring an additional 846 shares in the last quarter. Bluesphere Advisors LLC lifted its position in Vanguard Utilities ETF by 30.5% in the 1st quarter. Bluesphere Advisors LLC now owns 6,809 shares of the company’s stock valued at $1,163,000 after acquiring an additional 1,593 shares in the last quarter. International Assets Investment Management LLC lifted its position in Vanguard Utilities ETF by 2.3% in the 1st quarter. International Assets Investment Management LLC now owns 5,768 shares of the company’s stock valued at $985,000 after acquiring an additional 127 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its position in Vanguard Utilities ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 340 shares of the company’s stock valued at $58,000 after acquiring an additional 170 shares in the last quarter.

Vanguard Utilities ETF Trading Down 1.2%

VPU opened at $196.44 on Wednesday. The stock has a market capitalization of $8.02 billion, a P/E ratio of 20.60 and a beta of 0.54. Vanguard Utilities ETF has a 12 month low of $154.00 and a 12 month high of $203.15. The firm’s fifty day simple moving average is $188.09 and its 200 day simple moving average is $179.77.

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).