Vanguard Utilities ETF $VPU Shares Sold by IFP Advisors Inc

IFP Advisors Inc reduced its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 47.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,031 shares of the company’s stock after selling 4,586 shares during the period. IFP Advisors Inc’s holdings in Vanguard Utilities ETF were worth $958,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Global Wealth Strategies & Associates acquired a new position in Vanguard Utilities ETF during the third quarter worth approximately $31,000. Imprint Wealth LLC acquired a new position in shares of Vanguard Utilities ETF in the 3rd quarter valued at $38,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Vanguard Utilities ETF in the 3rd quarter valued at $51,000. Davis Capital Management purchased a new stake in shares of Vanguard Utilities ETF during the 3rd quarter valued at $58,000. Finally, Jackson Hole Capital Partners LLC grew its stake in shares of Vanguard Utilities ETF by 284.1% during the 3rd quarter. Jackson Hole Capital Partners LLC now owns 338 shares of the company’s stock valued at $64,000 after buying an additional 250 shares during the period.

Vanguard Utilities ETF Stock Up 1.1%

VPU stock opened at $194.78 on Tuesday. The company has a market cap of $8.28 billion, a price-to-earnings ratio of 20.60 and a beta of 0.61. The business has a fifty day simple moving average of $195.39 and a 200-day simple moving average of $191.85. Vanguard Utilities ETF has a 52 week low of $154.00 and a 52 week high of $206.10.

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). 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.