Private Advisor Group LLC Sells 10,348 Shares of Vanguard Utilities ETF $VPU

Private Advisor Group LLC lowered its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 16.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,389 shares of the company’s stock after selling 10,348 shares during the period. Private Advisor Group LLC owned 0.12% of Vanguard Utilities ETF worth $10,182,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Jessup Wealth Management Inc bought a new stake in shares of Vanguard Utilities ETF during the 4th quarter valued at about $27,000. IFC & Insurance Marketing Inc. purchased a new stake in Vanguard Utilities ETF in the fourth quarter worth about $28,000. Physician Wealth Advisors Inc. purchased a new stake in Vanguard Utilities ETF in the fourth quarter worth about $31,000. Kohmann Bosshard Financial Services LLC boosted its position in Vanguard Utilities ETF by 905.9% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 171 shares of the company’s stock valued at $34,000 after acquiring an additional 154 shares in the last quarter. Finally, Imprint Wealth LLC bought a new stake in Vanguard Utilities ETF during the 3rd quarter valued at approximately $38,000.

Vanguard Utilities ETF Stock Performance

VPU stock opened at $197.54 on Monday. Vanguard Utilities ETF has a fifty-two week low of $173.75 and a fifty-two week high of $206.10. The business’s 50 day moving average price is $194.84 and its two-hundred day moving average price is $194.29. The company has a market capitalization of $8.77 billion, a price-to-earnings ratio of 20.60 and a beta of 0.59.

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.