SBI Securities Co. Ltd. Decreases Stake in Vanguard Utilities ETF $VPU

SBI Securities Co. Ltd. lowered its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 5.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,935 shares of the company’s stock after selling 306 shares during the period. SBI Securities Co. Ltd.’s holdings in Vanguard Utilities ETF were worth $871,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC acquired a new stake in shares of Vanguard Utilities ETF in the first quarter valued at $25,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in Vanguard Utilities ETF in the second quarter valued at $33,000. Maseco LLP purchased a new position in Vanguard Utilities ETF during the 2nd quarter worth approximately $34,000. Nova Wealth Management Inc. purchased a new position in shares of Vanguard Utilities ETF during the first quarter worth approximately $43,000. Finally, Russell Investments Group Ltd. raised its holdings in shares of Vanguard Utilities ETF by 98.5% in the first quarter. Russell Investments Group Ltd. now owns 272 shares of the company’s stock valued at $46,000 after buying an additional 135 shares during the last quarter.

Vanguard Utilities ETF Stock Down 1.3%

NYSEARCA VPU opened at $192.27 on Friday. The stock has a market capitalization of $7.85 billion, a P/E ratio of 20.60 and a beta of 0.61. Vanguard Utilities ETF has a 52-week low of $154.00 and a 52-week high of $203.15. The firm has a 50-day moving average price of $191.56 and a 200 day moving average price of $183.16.

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).