Retirement Planning Group LLC Has $693,000 Position in Vanguard Utilities ETF $VPU

Retirement Planning Group LLC grew its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 16.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,927 shares of the company’s stock after buying an additional 568 shares during the quarter. Retirement Planning Group LLC’s holdings in Vanguard Utilities ETF were worth $693,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its position in shares of 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 buying an additional 40,025 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Utilities ETF by 8.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 611,050 shares of the company’s stock valued at $104,373,000 after buying an additional 46,436 shares in the last quarter. Empower Advisory Group LLC raised its position in shares of Vanguard Utilities ETF by 4.6% in the 1st 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 in the last quarter. Ameriprise Financial Inc. raised its position in shares of Vanguard Utilities ETF by 18.0% in the 1st quarter. Ameriprise Financial Inc. now owns 263,041 shares of the company’s stock valued at $44,935,000 after buying an additional 40,035 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Vanguard Utilities ETF by 6.9% in the 1st quarter. Cetera Investment Advisers now owns 218,335 shares of the company’s stock valued at $37,294,000 after buying an additional 14,147 shares in the last quarter.

Vanguard Utilities ETF Trading Down 0.4%

Shares of NYSEARCA:VPU opened at $195.67 on Thursday. The firm has a 50 day moving average of $188.26 and a 200-day moving average of $179.88. The stock has a market capitalization of $7.99 billion, a PE ratio of 20.60 and a beta of 0.54. Vanguard Utilities ETF has a 12 month low of $154.00 and a 12 month high of $203.15.

About Vanguard Utilities ETF

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).