Western Wealth Management LLC Reduces Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Western Wealth Management LLC lessened its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 47.1% during the 4th quarter, HoldingsChannel reports. The fund owned 1,499 shares of the company’s stock after selling 1,332 shares during the quarter. Western Wealth Management LLC’s holdings in Vanguard Utilities ETF were worth $205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Anchor Investment Management LLC purchased a new position in shares of Vanguard Utilities ETF during the 4th quarter worth $449,000. Citigroup Inc. boosted its stake in shares of Vanguard Utilities ETF by 154.4% during the 3rd quarter. Citigroup Inc. now owns 12,269 shares of the company’s stock worth $1,565,000 after acquiring an additional 7,447 shares during the last quarter. Glass Jacobson Investment Advisors llc boosted its stake in shares of Vanguard Utilities ETF by 22.3% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 7,543 shares of the company’s stock worth $1,034,000 after acquiring an additional 1,374 shares during the last quarter. First Bancorp Inc ME boosted its stake in shares of Vanguard Utilities ETF by 1.9% during the 4th quarter. First Bancorp Inc ME now owns 6,312 shares of the company’s stock worth $865,000 after acquiring an additional 117 shares during the last quarter. Finally, Sharper & Granite LLC boosted its stake in shares of Vanguard Utilities ETF by 2.2% during the 3rd quarter. Sharper & Granite LLC now owns 9,171 shares of the company’s stock worth $1,170,000 after acquiring an additional 200 shares during the last quarter.

Vanguard Utilities ETF Price Performance

Shares of Vanguard Utilities ETF stock opened at $143.05 on Tuesday. The company’s fifty day simple moving average is $137.70 and its 200-day simple moving average is $134.81. The stock has a market capitalization of $5.15 billion, a PE ratio of 19.85 and a beta of 0.56. Vanguard Utilities ETF has a 1-year low of $118.81 and a 1-year high of $152.55.

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).