Christensen King & Associates Investment Services Inc. Sells 350 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

Christensen King & Associates Investment Services Inc. trimmed its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 8.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,681 shares of the company’s stock after selling 350 shares during the quarter. Christensen King & Associates Investment Services Inc.’s holdings in Vanguard Utilities ETF were worth $641,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. First Horizon Advisors Inc. raised its holdings in Vanguard Utilities ETF by 877.2% in the 2nd quarter. First Horizon Advisors Inc. now owns 557 shares of the company’s stock worth $82,000 after purchasing an additional 500 shares during the period. Fifth Third Bancorp raised its holdings in Vanguard Utilities ETF by 0.8% in the 2nd quarter. Fifth Third Bancorp now owns 13,725 shares of the company’s stock worth $2,030,000 after purchasing an additional 104 shares during the period. MontVue Capital Management Inc. raised its holdings in Vanguard Utilities ETF by 12.8% in the 2nd quarter. MontVue Capital Management Inc. now owns 2,125 shares of the company’s stock worth $314,000 after purchasing an additional 241 shares during the period. OneAscent Wealth Management LLC raised its holdings in Vanguard Utilities ETF by 31.2% in the 1st quarter. OneAscent Wealth Management LLC now owns 2,224 shares of the company’s stock worth $317,000 after purchasing an additional 529 shares during the period. Finally, Ashton Thomas Private Wealth LLC bought a new position in Vanguard Utilities ETF in the 2nd quarter worth $37,000.

Vanguard Utilities ETF Trading Down 0.3 %

Vanguard Utilities ETF stock traded down $0.53 during trading on Tuesday, reaching $175.10. The company had a trading volume of 128,840 shares, compared to its average volume of 201,622. Vanguard Utilities ETF has a 52 week low of $123.31 and a 52 week high of $177.51. The firm’s 50-day simple moving average is $168.70 and its 200 day simple moving average is $157.26. The firm has a market capitalization of $6.30 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56.

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).