Tudor Financial Inc. cut its holdings in Vanguard Utilities ETF (NYSEARCA:VPU – Free Report) by 47.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 4,689 shares of the company’s stock after selling 4,227 shares during the period. Tudor Financial Inc.’s holdings in Vanguard Utilities ETF were worth $918,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of VPU. Western Wealth Management LLC boosted its holdings in shares of Vanguard Utilities ETF by 1,008.4% in the fourth quarter. Western Wealth Management LLC now owns 16,028 shares of the company’s stock worth $2,966,000 after acquiring an additional 14,582 shares during the period. Lido Advisors LLC raised its stake in shares of Vanguard Utilities ETF by 6.1% during the 4th quarter. Lido Advisors LLC now owns 70,379 shares of the company’s stock valued at $13,167,000 after purchasing an additional 4,061 shares during the period. Legacy Financial Group LLC bought a new stake in shares of Vanguard Utilities ETF during the 4th quarter valued at $3,868,000. Janney Montgomery Scott LLC lifted its holdings in Vanguard Utilities ETF by 9.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 51,840 shares of the company’s stock worth $10,272,000 after purchasing an additional 4,543 shares in the last quarter. Finally, NewEdge Wealth LLC purchased a new stake in Vanguard Utilities ETF during the 1st quarter worth about $1,029,000.
Vanguard Utilities ETF Stock Up 0.8%
Shares of NYSEARCA VPU opened at $186.07 on Friday. The company has a market cap of $8.24 billion, a P/E ratio of 20.60 and a beta of 0.59. Vanguard Utilities ETF has a 52 week low of $178.51 and a 52 week high of $206.10. The business has a 50-day simple moving average of $192.27 and a two-hundred day simple moving average of $195.66.
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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