Exchange Capital Management Inc. Raises Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Exchange Capital Management Inc. raised its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 1.1% in the first quarter, Holdings Channel.com reports. The firm owned 19,584 shares of the company’s stock after purchasing an additional 218 shares during the period. Exchange Capital Management Inc.’s holdings in Vanguard Utilities ETF were worth $2,792,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Beacon Capital Management Inc. increased its stake in shares of Vanguard Utilities ETF by 2,772.3% during the first quarter. Beacon Capital Management Inc. now owns 1,169,917 shares of the company’s stock valued at $165,871,000 after purchasing an additional 1,129,186 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Vanguard Utilities ETF by 3,923.6% during the fourth quarter. International Assets Investment Management LLC now owns 381,877 shares of the company’s stock valued at $52,344,000 after acquiring an additional 372,386 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Vanguard Utilities ETF by 12.6% during the fourth quarter. Wells Fargo & Company MN now owns 318,375 shares of the company’s stock valued at $43,640,000 after acquiring an additional 35,520 shares in the last quarter. UBS Group AG increased its position in shares of Vanguard Utilities ETF by 22.9% during the fourth quarter. UBS Group AG now owns 311,149 shares of the company’s stock valued at $42,649,000 after acquiring an additional 57,923 shares in the last quarter. Finally, Allied Investment Advisors LLC increased its position in shares of Vanguard Utilities ETF by 8.6% during the first quarter. Allied Investment Advisors LLC now owns 126,907 shares of the company’s stock valued at $18,094,000 after acquiring an additional 10,099 shares in the last quarter.

Vanguard Utilities ETF Stock Performance

Shares of VPU traded up $0.64 on Tuesday, hitting $147.28. 178,599 shares of the stock traded hands, compared to its average volume of 208,130. The company has a market capitalization of $5.30 billion, a PE ratio of 20.65 and a beta of 0.56. The business has a 50 day simple moving average of $151.77 and a 200 day simple moving average of $141.80. Vanguard Utilities ETF has a one year low of $118.81 and a one year high of $158.07.

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).