Vanguard Utilities ETF $VPU Shares Purchased by Beacon Capital Management Inc.

Beacon Capital Management Inc. grew its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 178.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 737,018 shares of the company’s stock after purchasing an additional 472,113 shares during the quarter. Vanguard Utilities ETF comprises about 6.7% of Beacon Capital Management Inc.’s portfolio, making the stock its 2nd biggest holding. Beacon Capital Management Inc.’s holdings in Vanguard Utilities ETF were worth $130,091,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. American Trust acquired a new position in Vanguard Utilities ETF during the second quarter worth $666,000. Silverlake Wealth Management LLC grew its position in shares of Vanguard Utilities ETF by 8.9% in the 2nd quarter. Silverlake Wealth Management LLC now owns 6,023 shares of the company’s stock valued at $1,063,000 after acquiring an additional 493 shares during the period. Newbridge Financial Services Group Inc. increased its stake in shares of Vanguard Utilities ETF by 4,063.5% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 2,623 shares of the company’s stock worth $463,000 after purchasing an additional 2,560 shares during the last quarter. Anchor Investment Management LLC increased its stake in shares of Vanguard Utilities ETF by 2.3% during the 2nd quarter. Anchor Investment Management LLC now owns 5,931 shares of the company’s stock worth $1,047,000 after purchasing an additional 135 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Vanguard Utilities ETF by 9.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 10,107 shares of the company’s stock valued at $1,784,000 after purchasing an additional 892 shares during the period.

Vanguard Utilities ETF Stock Performance

Shares of NYSEARCA:VPU opened at $186.01 on Monday. Vanguard Utilities ETF has a 52-week low of $154.00 and a 52-week high of $203.15. The company has a market capitalization of $7.59 billion, a P/E ratio of 20.60 and a beta of 0.61. The company has a 50-day simple moving average of $193.63 and a 200 day simple moving average of $185.77.

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).