David Kennon Inc Acquires 343 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

David Kennon Inc lifted its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,224 shares of the company’s stock after buying an additional 343 shares during the period. Vanguard Utilities ETF comprises 2.5% of David Kennon Inc’s holdings, making the stock its 13th largest holding. David Kennon Inc owned approximately 0.11% of Vanguard Utilities ETF worth $6,410,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in VPU. Renaissance Technologies LLC bought a new stake in Vanguard Utilities ETF in the second quarter worth $266,000. Thrivent Financial for Lutherans raised its stake in shares of Vanguard Utilities ETF by 6.2% in the second quarter. Thrivent Financial for Lutherans now owns 3,830 shares of the company’s stock valued at $566,000 after acquiring an additional 223 shares during the period. Creative Planning lifted its holdings in shares of Vanguard Utilities ETF by 95.9% in the 2nd quarter. Creative Planning now owns 25,048 shares of the company’s stock worth $3,705,000 after acquiring an additional 12,264 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of Vanguard Utilities ETF by 19.5% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 18,484 shares of the company’s stock worth $2,757,000 after purchasing an additional 3,022 shares during the period. Finally, Strategic Investment Solutions Inc. IL bought a new position in Vanguard Utilities ETF during the 2nd quarter valued at about $118,000.

Vanguard Utilities ETF Price Performance

Vanguard Utilities ETF stock opened at $165.36 on Wednesday. Vanguard Utilities ETF has a 1-year low of $128.05 and a 1-year high of $180.04. The company’s 50-day moving average is $168.61 and its 200 day moving average is $167.15. The firm has a market capitalization of $5.95 billion, a P/E ratio of 20.65 and a beta of 0.56.

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).