Wealthfront Advisers LLC Has $748.94 Million Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Wealthfront Advisers LLC boosted its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 93,677.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,582,900 shares of the company’s stock after acquiring an additional 4,578,013 shares during the quarter. Vanguard Utilities ETF makes up approximately 0.6% of Wealthfront Advisers LLC’s portfolio, making the stock its 26th largest holding. Wealthfront Advisers LLC owned 12.73% of Vanguard Utilities ETF worth $748,938,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VPU. US Bancorp DE lifted its stake in Vanguard Utilities ETF by 6.3% in the third quarter. US Bancorp DE now owns 2,750 shares of the company’s stock valued at $479,000 after acquiring an additional 163 shares during the last quarter. Leavell Investment Management Inc. lifted its stake in Vanguard Utilities ETF by 8.1% in the third quarter. Leavell Investment Management Inc. now owns 4,393 shares of the company’s stock valued at $771,000 after acquiring an additional 328 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in Vanguard Utilities ETF in the third quarter valued at approximately $255,000. Assetmark Inc. lifted its stake in Vanguard Utilities ETF by 245.6% in the third quarter. Assetmark Inc. now owns 750 shares of the company’s stock valued at $131,000 after acquiring an additional 533 shares during the last quarter. Finally, Sigma Planning Corp lifted its stake in Vanguard Utilities ETF by 9.7% in the third quarter. Sigma Planning Corp now owns 9,874 shares of the company’s stock valued at $1,719,000 after acquiring an additional 876 shares during the last quarter.

Vanguard Utilities ETF Stock Up 1.1 %

NYSEARCA VPU opened at $169.12 on Tuesday. The stock has a market capitalization of $9.87 billion, a PE ratio of 20.98 and a beta of 0.65. The company has a 50 day moving average price of $168.53 and a two-hundred day moving average price of $169.71. Vanguard Utilities ETF has a 12-month low of $135.67 and a 12-month high of $180.04.

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).