Howe & Rusling Inc. Cuts Holdings in Vanguard Utilities ETF $VPU

Howe & Rusling Inc. lessened its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 25.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 994 shares of the company’s stock after selling 346 shares during the period. Howe & Rusling Inc.’s holdings in Vanguard Utilities ETF were worth $176,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings 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 worth $104,373,000 after purchasing an additional 46,436 shares during the period. Empower Advisory Group LLC increased its position in Vanguard Utilities ETF by 4.6% during the 1st quarter. Empower Advisory Group LLC now owns 380,900 shares of the company’s stock worth $65,062,000 after purchasing an additional 16,842 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Vanguard Utilities ETF by 18.0% in the first 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 during the period. Cetera Investment Advisers lifted its position in Vanguard Utilities ETF by 6.9% during the first 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. Finally, PGIM Custom Harvest LLC lifted its position in Vanguard Utilities ETF by 13.4% during the first quarter. PGIM Custom Harvest LLC now owns 178,291 shares of the company’s stock valued at $30,454,000 after buying an additional 21,102 shares in the last quarter.

Vanguard Utilities ETF Stock Up 0.1%

Vanguard Utilities ETF stock opened at $190.96 on Friday. The firm has a fifty day moving average of $192.75 and a 200-day moving average of $184.01. Vanguard Utilities ETF has a 52-week low of $154.00 and a 52-week high of $203.15. The firm has a market capitalization of $7.80 billion, a P/E ratio of 20.60 and a beta of 0.61.

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).