Geneos Wealth Management Inc. Sells 7,969 Shares of Vanguard Utilities ETF $VPU

Geneos Wealth Management Inc. decreased its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 78.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,138 shares of the company’s stock after selling 7,969 shares during the period. Geneos Wealth Management Inc.’s holdings in Vanguard Utilities ETF were worth $405,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Integrity Alliance LLC. purchased a new stake in shares of Vanguard Utilities ETF during the 1st quarter worth approximately $645,000. Belpointe Asset Management LLC purchased a new position in Vanguard Utilities ETF in the first quarter valued at approximately $372,000. Advisors Capital Management LLC grew its holdings in Vanguard Utilities ETF by 2.0% during the first quarter. Advisors Capital Management LLC now owns 3,907 shares of the company’s stock valued at $668,000 after purchasing an additional 78 shares during the period. Nova Wealth Management Inc. purchased a new stake in Vanguard Utilities ETF in the first quarter worth $43,000. Finally, Howe & Rusling Inc. increased its position in Vanguard Utilities ETF by 210.2% in the first quarter. Howe & Rusling Inc. now owns 1,340 shares of the company’s stock worth $229,000 after buying an additional 908 shares during the last quarter.

Vanguard Utilities ETF Price Performance

Shares of NYSEARCA VPU opened at $184.95 on Friday. Vanguard Utilities ETF has a one year low of $154.00 and a one year high of $203.15. The business’s fifty day moving average price is $189.01 and its 200-day moving average price is $187.04. The stock has a market capitalization of $7.86 billion, a PE ratio of 20.60 and a beta of 0.61.

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). 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.