Seamount Financial Group Inc. Raises Stock Holdings in Vanguard Utilities ETF $VPU

Seamount Financial Group Inc. grew its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 15.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,090 shares of the company’s stock after acquiring an additional 534 shares during the quarter. Seamount Financial Group Inc.’s holdings in Vanguard Utilities ETF were worth $722,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. raised its position in Vanguard Utilities ETF by 6.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 643,021 shares of the company’s stock valued at $109,834,000 after purchasing an additional 40,025 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard Utilities ETF by 8.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 611,050 shares of the company’s stock valued at $104,373,000 after purchasing an additional 46,436 shares during the period. Empower Advisory Group LLC raised its holdings in shares of Vanguard Utilities ETF by 4.6% in the first quarter. Empower Advisory Group LLC now owns 380,900 shares of the company’s stock valued at $65,062,000 after buying an additional 16,842 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Vanguard Utilities ETF by 18.0% during the first quarter. Ameriprise Financial Inc. now owns 263,041 shares of the company’s stock worth $44,935,000 after buying an additional 40,035 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of Vanguard Utilities ETF by 6.9% during the first quarter. Cetera Investment Advisers now owns 218,335 shares of the company’s stock worth $37,294,000 after buying an additional 14,147 shares during the period.

Vanguard Utilities ETF Stock Up 1.0%

Shares of VPU stock opened at $194.75 on Tuesday. The stock’s 50-day moving average price is $185.46 and its 200 day moving average price is $177.62. The stock has a market capitalization of $7.88 billion, a PE ratio of 20.60 and a beta of 0.54. Vanguard Utilities ETF has a 52-week low of $154.00 and a 52-week high of $194.85.

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).