NewEdge Advisors LLC Acquires 12,808 Shares of Vanguard Utilities ETF $VPU

NewEdge Advisors LLC lifted its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 88.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,339 shares of the company’s stock after purchasing an additional 12,808 shares during the period. NewEdge Advisors LLC owned about 0.06% of Vanguard Utilities ETF worth $5,417,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. D.A. Davidson & CO. increased its holdings in Vanguard Utilities ETF by 1.8% during the 1st quarter. D.A. Davidson & CO. now owns 2,825 shares of the company’s stock worth $560,000 after purchasing an additional 50 shares during the period. Russell Investments Group Ltd. grew its position in shares of Vanguard Utilities ETF by 12.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 480 shares of the company’s stock worth $91,000 after buying an additional 52 shares in the last quarter. Diversify Wealth Management LLC increased its stake in shares of Vanguard Utilities ETF by 2.9% during the first quarter. Diversify Wealth Management LLC now owns 1,911 shares of the company’s stock valued at $378,000 after buying an additional 53 shares during the period. Vivaldi Capital Management LP increased its stake in shares of Vanguard Utilities ETF by 4.1% during the third 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 during the period. Finally, Advisory Services Network LLC raised its holdings in shares of Vanguard Utilities ETF by 1.0% in the third 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.

Vanguard Utilities ETF Price Performance

Shares of Vanguard Utilities ETF stock opened at $188.87 on Wednesday. The stock has a market cap of $8.36 billion, a price-to-earnings ratio of 20.60 and a beta of 0.59. The firm’s 50-day moving average is $194.12 and its two-hundred day moving average is $195.86. Vanguard Utilities ETF has a 1 year low of $178.51 and a 1 year high of $206.10.

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). 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.