BTS Asset Management Inc. purchased a new position in shares of Vanguard Utilities ETF (NYSEARCA:VPU – Free Report) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 1,359 shares of the company’s stock, valued at approximately $202,000. Vanguard Utilities ETF comprises approximately 0.2% of BTS Asset Management Inc.’s investment portfolio, making the stock its 22nd largest position.
Several other large investors have also made changes to their positions in VPU. Beacon Capital Management Inc. boosted its position in Vanguard Utilities ETF by 2,772.3% in the first quarter. Beacon Capital Management Inc. now owns 1,169,917 shares of the company’s stock valued at $165,871,000 after buying an additional 1,129,186 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Vanguard Utilities ETF by 846.2% in the 1st quarter. Cetera Investment Advisers now owns 198,388 shares of the company’s stock valued at $28,286,000 after buying an additional 177,422 shares during the last quarter. Cetera Advisors LLC increased its stake in shares of Vanguard Utilities ETF by 750.6% in the first quarter. Cetera Advisors LLC now owns 81,534 shares of the company’s stock valued at $11,625,000 after buying an additional 71,949 shares during the period. UBS Group AG increased its stake in shares of Vanguard Utilities ETF by 22.9% in the fourth quarter. UBS Group AG now owns 311,149 shares of the company’s stock valued at $42,649,000 after buying an additional 57,923 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of Vanguard Utilities ETF by 2,878.6% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 52,691 shares of the company’s stock worth $7,513,000 after acquiring an additional 50,922 shares during the last quarter.
Vanguard Utilities ETF Price Performance
Shares of VPU stock opened at $165.60 on Friday. The stock has a market capitalization of $5.96 billion, a PE ratio of 20.65 and a beta of 0.56. The business’s 50 day simple moving average is $156.78 and its 200 day simple moving average is $149.25. Vanguard Utilities ETF has a one year low of $118.81 and a one year high of $167.51.
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).
Recommended Stories
- Five stocks we like better than Vanguard Utilities ETF
- What Is WallStreetBets and What Stocks Are They Targeting?
- Does GTA VI Make Take-Two Interactive Stock an Irresistible Buy?
- How Can Investors Benefit From After-Hours Trading
- Why HPE’s Dip Is a Prime Opportunity for Blue-Chip AI Investors
- Why Are Stock Sectors Important to Successful Investing?
- Why Analysts See Big Upside for Occidental Petroleum Despite Lows
Want to see what other hedge funds are holding VPU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Utilities ETF (NYSEARCA:VPU – Free Report).
Receive News & Ratings for Vanguard Utilities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Utilities ETF and related companies with MarketBeat.com's FREE daily email newsletter.