Patriot Investment Management Group Inc. Decreases Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Patriot Investment Management Group Inc. decreased its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 2.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,879 shares of the company’s stock after selling 2,149 shares during the quarter. Vanguard Utilities ETF accounts for about 1.2% of Patriot Investment Management Group Inc.’s holdings, making the stock its 14th biggest position. Patriot Investment Management Group Inc.’s holdings in Vanguard Utilities ETF were worth $16,206,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. BTS Asset Management Inc. purchased a new stake in shares of Vanguard Utilities ETF during the 1st quarter worth approximately $330,000. GPS Wealth Strategies Group LLC lifted its stake in Vanguard Utilities ETF by 472.9% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 1,077 shares of the company’s stock valued at $184,000 after buying an additional 889 shares in the last quarter. Focus Financial Network Inc. lifted its stake in Vanguard Utilities ETF by 6.8% in the 1st quarter. Focus Financial Network Inc. now owns 2,382 shares of the company’s stock valued at $407,000 after buying an additional 152 shares in the last quarter. Columbia Advisory Partners LLC purchased a new stake in Vanguard Utilities ETF in the 1st quarter valued at approximately $293,000. Finally, Wealthcare Advisory Partners LLC lifted its stake in Vanguard Utilities ETF by 16.2% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 1,833 shares of the company’s stock valued at $313,000 after buying an additional 255 shares in the last quarter.

Vanguard Utilities ETF Stock Performance

VPU stock opened at $177.19 on Friday. Vanguard Utilities ETF has a 1 year low of $146.45 and a 1 year high of $180.04. The stock’s 50 day moving average price is $171.87 and its 200 day moving average price is $169.86. The firm has a market cap of $10.48 billion, a P/E ratio of 20.93 and a beta of 0.60.

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).