Vanguard Utilities ETF (NYSEARCA:VPU) Shares Sold by Steele Capital Management Inc.

Steele Capital Management Inc. lowered its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 13.7% during the first quarter, HoldingsChannel reports. The firm owned 5,644 shares of the company’s stock after selling 897 shares during the period. Steele Capital Management Inc.’s holdings in Vanguard Utilities ETF were worth $805,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Maltin Wealth Management Inc. lifted its stake in shares of Vanguard Utilities ETF by 2.0% in the first quarter. Maltin Wealth Management Inc. now owns 3,892 shares of the company’s stock worth $555,000 after buying an additional 76 shares in the last quarter. Kennedy Investment Group raised its holdings in Vanguard Utilities ETF by 1.2% in the 4th quarter. Kennedy Investment Group now owns 6,998 shares of the company’s stock valued at $959,000 after acquiring an additional 86 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Vanguard Utilities ETF by 2.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,869 shares of the company’s stock worth $552,000 after purchasing an additional 87 shares in the last quarter. IFG Advisory LLC boosted its holdings in shares of Vanguard Utilities ETF by 0.3% during the 4th quarter. IFG Advisory LLC now owns 27,854 shares of the company’s stock worth $3,818,000 after purchasing an additional 92 shares during the last quarter. Finally, Meridian Financial Partners LLC grew its position in shares of Vanguard Utilities ETF by 4.2% in the first quarter. Meridian Financial Partners LLC now owns 2,715 shares of the company’s stock valued at $369,000 after purchasing an additional 110 shares in the last quarter.

Vanguard Utilities ETF Price Performance

Vanguard Utilities ETF stock traded down $1.26 during trading on Monday, reaching $146.66. 209,141 shares of the company were exchanged, compared to its average volume of 208,367. The stock’s 50 day simple moving average is $151.77 and its two-hundred day simple moving average is $141.80. The company has a market capitalization of $5.28 billion, a P/E 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.

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).