Vanguard Utilities ETF (NYSEARCA:VPU) Hits New 12-Month High – Still a Buy?

Vanguard Utilities ETF (NYSEARCA:VPU)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $203.50 and last traded at $202.1410, with a volume of 57902 shares. The stock had previously closed at $201.32.

Vanguard Utilities ETF Stock Up 0.0%

The company has a market capitalization of $8.56 billion, a P/E ratio of 20.60 and a beta of 0.61. The firm’s 50-day moving average price is $187.36 and its 200 day moving average price is $188.96.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of VPU. Russell Investments Group Ltd. raised its stake in Vanguard Utilities ETF by 12.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 480 shares of the company’s stock valued at $91,000 after acquiring an additional 52 shares during the period. Vivaldi Capital Management LP grew its holdings in Vanguard Utilities ETF by 4.1% during the 3rd quarter. Vivaldi Capital Management LP now owns 1,352 shares of the company’s stock valued at $256,000 after buying an additional 53 shares in the last quarter. Northwest Financial Advisors increased its holdings in Vanguard Utilities ETF by 1.7% during the 3rd quarter. Northwest Financial Advisors now owns 3,185 shares of the company’s stock worth $603,000 after acquiring an additional 54 shares during the period. Advisory Services Network LLC raised its holdings in shares of Vanguard Utilities ETF by 1.0% in the 3rd quarter. Advisory Services Network LLC now owns 5,679 shares of the company’s stock valued at $1,076,000 after acquiring an additional 54 shares in the last quarter. Finally, Guardian Asset Advisors LLC grew its stake in Vanguard Utilities ETF by 4.8% in the 3rd quarter. Guardian Asset Advisors LLC now owns 1,197 shares of the company’s stock worth $227,000 after buying an additional 55 shares in the last quarter.

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). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.