Vanguard Utilities ETF (NYSEARCA:VPU – Get Free Report) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 114,650 shares, a drop of 60.8% from the June 30th total of 292,256 shares. Based on an average daily volume of 210,743 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are sold short.
Vanguard Utilities ETF Price Performance
NYSEARCA VPU opened at $199.46 on Monday. The company’s 50 day simple moving average is $194.64 and its 200 day simple moving average is $195.46. Vanguard Utilities ETF has a 12 month low of $178.51 and a 12 month high of $206.10. The company has a market capitalization of $8.83 billion, a P/E ratio of 20.60 and a beta of 0.59.
Hedge Funds Weigh In On Vanguard Utilities ETF
A number of institutional investors have recently bought and sold shares of the stock. Jessup Wealth Management Inc acquired a new stake in shares of Vanguard Utilities ETF during the fourth quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Vanguard Utilities ETF during the fourth quarter valued at $28,000. Physician Wealth Advisors Inc. purchased a new stake in Vanguard Utilities ETF in the 4th quarter worth about $31,000. Van Den Berg Management I Inc. acquired a new stake in Vanguard Utilities ETF during the 1st quarter worth about $32,000. Finally, Kohmann Bosshard Financial Services LLC grew its stake in Vanguard Utilities ETF by 905.9% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 171 shares of the company’s stock valued at $34,000 after acquiring an additional 154 shares in the last quarter.
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.
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