Vanguard Utilities ETF (NYSEARCA:VPU) Stake Raised by Beacon Capital Management Inc.

Beacon Capital Management Inc. boosted its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 2,772.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 1,169,917 shares of the company’s stock after acquiring an additional 1,129,186 shares during the period. Vanguard Utilities ETF accounts for approximately 6.9% of Beacon Capital Management Inc.’s portfolio, making the stock its 8th biggest position. Beacon Capital Management Inc.’s holdings in Vanguard Utilities ETF were worth $165,871,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VPU. International Assets Investment Management LLC boosted its position in shares of Vanguard Utilities ETF by 186.3% in the 1st quarter. International Assets Investment Management LLC now owns 7,977 shares of the company’s stock valued at $1,131,000 after purchasing an additional 5,191 shares during the period. City State Bank boosted its position in shares of Vanguard Utilities ETF by 12.2% in the 1st quarter. City State Bank now owns 5,461 shares of the company’s stock valued at $779,000 after purchasing an additional 595 shares during the period. Allied Investment Advisors LLC boosted its position in shares of Vanguard Utilities ETF by 8.6% in the 1st quarter. Allied Investment Advisors LLC now owns 126,907 shares of the company’s stock valued at $18,094,000 after purchasing an additional 10,099 shares during the period. Banque Cantonale Vaudoise boosted its position in shares of Vanguard Utilities ETF by 722.5% in the 1st quarter. Banque Cantonale Vaudoise now owns 5,692 shares of the company’s stock valued at $812,000 after purchasing an additional 5,000 shares during the period. Finally, Foster Group Inc. boosted its position in shares of Vanguard Utilities ETF by 5.6% in the 1st quarter. Foster Group Inc. now owns 5,674 shares of the company’s stock valued at $809,000 after purchasing an additional 303 shares during the period.

Vanguard Utilities ETF Stock Down 0.5 %

VPU traded down $0.78 on Friday, hitting $150.34. 92,530 shares of the company traded hands, compared to its average volume of 212,434. The company has a 50 day moving average of $150.54 and a 200-day moving average of $141.31. The stock has a market capitalization of $5.41 billion, a PE ratio of 20.65 and a beta of 0.56. Vanguard Utilities ETF has a 12-month low of $118.81 and a 12-month high of $158.07.

Vanguard Utilities ETF 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).