NewEdge Advisors LLC raised its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU – Free Report) by 88.1% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 27,339 shares of the company’s stock after buying an additional 12,808 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Utilities ETF were worth $5,417,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the stock. Jessup Wealth Management Inc purchased a new position in 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 4th quarter valued at approximately $28,000. Physician Wealth Advisors Inc. purchased a new position in shares of Vanguard Utilities ETF during the 4th quarter valued at approximately $31,000. Van Den Berg Management I Inc. acquired a new position in shares of Vanguard Utilities ETF in the 1st quarter valued at $32,000. Finally, Kohmann Bosshard Financial Services LLC boosted its holdings in Vanguard Utilities ETF by 905.9% during the first quarter. Kohmann Bosshard Financial Services LLC now owns 171 shares of the company’s stock worth $34,000 after buying an additional 154 shares in the last quarter.
Vanguard Utilities ETF Stock Up 1.1%
VPU stock opened at $188.87 on Wednesday. Vanguard Utilities ETF has a 52-week low of $178.51 and a 52-week high of $206.10. The firm has a market cap of $8.36 billion, a P/E ratio of 20.60 and a beta of 0.59. The company’s 50-day simple moving average is $194.12 and its 200-day simple moving average is $195.86.
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). 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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