Vanguard Utilities ETF (NYSEARCA:VPU) Sets New 12-Month High – What’s Next?

Vanguard Utilities ETF (NYSEARCA:VPU) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $179.68 and last traded at $179.68, with a volume of 611 shares. The stock had previously closed at $176.05.

Vanguard Utilities ETF Price Performance

The company has a market cap of $6.31 billion, a P/E ratio of 20.65 and a beta of 0.56. The stock’s 50-day moving average is $172.38 and its two-hundred day moving average is $162.00.

Institutional Trading of Vanguard Utilities ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Headlands Technologies LLC purchased a new stake in shares of Vanguard Utilities ETF in the second quarter worth $25,000. Ashton Thomas Securities LLC bought a new position in Vanguard Utilities ETF during the third quarter valued at $29,000. Twin Lakes Capital Management LLC bought a new position in Vanguard Utilities ETF during the third quarter valued at $30,000. Clean Yield Group bought a new position in Vanguard Utilities ETF during the first quarter valued at $37,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in Vanguard Utilities ETF during the second quarter valued at $37,000.

About Vanguard Utilities ETF

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).