Farther Finance Advisors LLC Boosts Stake in Vanguard Utilities ETF $VPU

Farther Finance Advisors LLC lifted its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 49.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 25,761 shares of the company’s stock after acquiring an additional 8,560 shares during the period. Farther Finance Advisors LLC’s holdings in Vanguard Utilities ETF were worth $4,879,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VPU. Exchange Traded Concepts LLC raised its position in Vanguard Utilities ETF by 0.9% during the third quarter. Exchange Traded Concepts LLC now owns 30,449 shares of the company’s stock valued at $5,767,000 after purchasing an additional 280 shares in the last quarter. Goelzer Investment Management Inc. bought a new position in shares of Vanguard Utilities ETF during the 3rd quarter valued at about $200,000. Diversified Enterprises LLC purchased a new position in shares of Vanguard Utilities ETF during the 3rd quarter valued at about $274,000. Spinnaker Investment Group LLC bought a new stake in Vanguard Utilities ETF in the 3rd quarter worth approximately $202,000. Finally, Pinnacle Wealth Management Group Inc. lifted its position in Vanguard Utilities ETF by 4.3% in the 3rd quarter. Pinnacle Wealth Management Group Inc. now owns 15,002 shares of the company’s stock worth $2,842,000 after buying an additional 621 shares during the last quarter.

Vanguard Utilities ETF Price Performance

Shares of NYSEARCA VPU opened at $185.74 on Thursday. The stock has a market capitalization of $7.58 billion, a P/E ratio of 20.60 and a beta of 0.61. Vanguard Utilities ETF has a one year low of $154.00 and a one year high of $203.15. The firm’s 50 day simple moving average is $191.76 and its two-hundred day simple moving average is $186.22.

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). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.