Corient Private Wealth LLC Cuts Stock Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Corient Private Wealth LLC decreased its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 5.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 120,308 shares of the company’s stock after selling 7,283 shares during the period. Corient Private Wealth LLC’s holdings in Vanguard Utilities ETF were worth $16,491,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its position in shares of Vanguard Utilities ETF by 126.1% during the third quarter. Bank of New York Mellon Corp now owns 3,790 shares of the company’s stock worth $483,000 after purchasing an additional 2,114 shares in the last quarter. Larson Financial Group LLC purchased a new stake in shares of Vanguard Utilities ETF in the third quarter valued at approximately $115,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Vanguard Utilities ETF by 250.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 483 shares of the company’s stock worth $62,000 after acquiring an additional 345 shares during the last quarter. NBC Securities Inc. purchased a new stake in shares of Vanguard Utilities ETF during the third quarter worth $51,000. Finally, Lincoln National Corp boosted its holdings in shares of Vanguard Utilities ETF by 7.9% in the 3rd quarter. Lincoln National Corp now owns 8,507 shares of the company’s stock valued at $1,085,000 after buying an additional 626 shares in the last quarter.

Vanguard Utilities ETF Stock Performance

NYSEARCA:VPU traded up $1.48 during trading hours on Friday, hitting $154.84. The company’s stock had a trading volume of 86,779 shares, compared to its average volume of 215,812. The business’s 50-day moving average is $145.65 and its two-hundred day moving average is $138.59. The company has a market capitalization of $5.57 billion, a PE ratio of 20.65 and a beta of 0.56. Vanguard Utilities ETF has a 52-week low of $118.81 and a 52-week high of $158.07.

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).