PNC Financial Services Group Inc. Sells 7,239 Shares of Vanguard Utilities ETF $VPU

PNC Financial Services Group Inc. decreased its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 11.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,225 shares of the company’s stock after selling 7,239 shares during the period. PNC Financial Services Group Inc. owned approximately 0.14% of Vanguard Utilities ETF worth $10,101,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. TIAA Trust National Association boosted its stake in Vanguard Utilities ETF by 2,023.8% during the first quarter. TIAA Trust National Association now owns 96,441 shares of the company’s stock valued at $16,473,000 after buying an additional 91,900 shares during the last quarter. Nan Shan Life Insurance Co. Ltd. raised its holdings in shares of Vanguard Utilities ETF by 166.4% during the 1st quarter. Nan Shan Life Insurance Co. Ltd. now owns 103,880 shares of the company’s stock worth $17,744,000 after acquiring an additional 64,880 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Utilities ETF by 8.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 611,050 shares of the company’s stock worth $104,373,000 after acquiring an additional 46,436 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Vanguard Utilities ETF by 18.0% during the 1st quarter. Ameriprise Financial Inc. now owns 263,041 shares of the company’s stock valued at $44,935,000 after acquiring an additional 40,035 shares during the last quarter. Finally, CW Advisors LLC grew its holdings in shares of Vanguard Utilities ETF by 291.0% in the first quarter. CW Advisors LLC now owns 41,706 shares of the company’s stock valued at $7,118,000 after purchasing an additional 31,039 shares in the last quarter.

Vanguard Utilities ETF Stock Performance

Shares of VPU opened at $192.35 on Friday. The stock has a market capitalization of $7.85 billion, a PE ratio of 20.60 and a beta of 0.61. The company’s fifty day moving average is $191.79 and its 200 day moving average is $183.39. Vanguard Utilities ETF has a fifty-two week low of $154.00 and a fifty-two week high of $203.15.

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).