89,391 Shares in Vanguard Utilities ETF (NYSEARCA:VPU) Acquired by Castlekeep Investment Advisors LLC

Castlekeep Investment Advisors LLC purchased a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 89,391 shares of the company’s stock, valued at approximately $14,608,000. Vanguard Utilities ETF accounts for 2.4% of Castlekeep Investment Advisors LLC’s portfolio, making the stock its 8th largest position. Castlekeep Investment Advisors LLC owned 0.25% of Vanguard Utilities ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Park Avenue Securities LLC bought a new stake in shares of Vanguard Utilities ETF during the fourth quarter worth approximately $428,000. Merit Financial Group LLC lifted its holdings in shares of Vanguard Utilities ETF by 17.6% during the fourth quarter. Merit Financial Group LLC now owns 2,632 shares of the company’s stock worth $430,000 after buying an additional 393 shares in the last quarter. Ballentine Partners LLC acquired a new stake in shares of Vanguard Utilities ETF during the fourth quarter worth $363,000. CX Institutional boosted its position in shares of Vanguard Utilities ETF by 60.0% in the fourth quarter. CX Institutional now owns 10,426 shares of the company’s stock valued at $1,704,000 after acquiring an additional 3,909 shares during the period. Finally, Exchange Traded Concepts LLC grew its stake in shares of Vanguard Utilities ETF by 20.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 34,603 shares of the company’s stock valued at $5,655,000 after acquiring an additional 5,832 shares in the last quarter.

Vanguard Utilities ETF Stock Performance

NYSEARCA:VPU opened at $175.10 on Friday. Vanguard Utilities ETF has a 52 week low of $146.45 and a 52 week high of $180.04. The firm’s 50-day simple moving average is $169.90 and its 200 day simple moving average is $169.49. The firm has a market cap of $10.36 billion, a price-to-earnings ratio of 20.59 and a beta of 0.60.

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).