Corient Private Wealth LLC Purchases 84,990 Shares of Vanguard Utilities ETF $VPU

Corient Private Wealth LLC increased its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 418.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 105,285 shares of the company’s stock after purchasing an additional 84,990 shares during the period. Corient Private Wealth LLC’s holdings in Vanguard Utilities ETF were worth $19,482,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Morgan Stanley grew its holdings in Vanguard Utilities ETF by 3.4% during the 4th quarter. Morgan Stanley now owns 1,145,923 shares of the company’s stock worth $212,042,000 after acquiring an additional 37,431 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Vanguard Utilities ETF by 3.3% in the 3rd quarter. Bank of America Corp DE now owns 1,006,256 shares of the company’s stock worth $190,595,000 after purchasing an additional 32,001 shares during the period. LPL Financial LLC lifted its position in shares of Vanguard Utilities ETF by 7.3% in the 4th quarter. LPL Financial LLC now owns 893,163 shares of the company’s stock worth $165,271,000 after purchasing an additional 60,554 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard Utilities ETF by 2.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 658,484 shares of the company’s stock valued at $124,723,000 after purchasing an additional 12,760 shares in the last quarter. Finally, New England Private Wealth Advisors LLC boosted its stake in shares of Vanguard Utilities ETF by 1,879.2% during the fourth quarter. New England Private Wealth Advisors LLC now owns 475,432 shares of the company’s stock valued at $88,749,000 after purchasing an additional 451,410 shares in the last quarter.

Vanguard Utilities ETF Stock Up 0.4%

Shares of VPU stock opened at $194.82 on Tuesday. The firm has a market cap of $8.56 billion, a price-to-earnings ratio of 20.60 and a beta of 0.59. Vanguard Utilities ETF has a 52-week low of $173.75 and a 52-week high of $206.10. The company’s 50 day moving average is $195.17 and its 200 day moving average is $193.66.

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.