Lido Advisors LLC Sells 63,559 Shares of Vanguard Utilities ETF $VPU

Lido Advisors LLC cut its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 42.6% during the third quarter, HoldingsChannel.com reports. The firm owned 85,725 shares of the company’s stock after selling 63,559 shares during the period. Lido Advisors LLC’s holdings in Vanguard Utilities ETF were worth $14,659,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VPU. Bank of America Corp DE boosted its stake in Vanguard Utilities ETF by 3.8% in the 1st quarter. Bank of America Corp DE now owns 1,042,308 shares of the company’s stock worth $206,523,000 after purchasing an additional 38,435 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Vanguard Utilities ETF by 5.5% during the second quarter. Envestnet Asset Management Inc. now owns 509,148 shares of the company’s stock valued at $99,656,000 after acquiring an additional 26,347 shares in the last quarter. Cetera Investment Advisers raised its position in Vanguard Utilities ETF by 1.4% during the first quarter. Cetera Investment Advisers now owns 188,013 shares of the company’s stock valued at $37,253,000 after acquiring an additional 2,631 shares in the last quarter. Ameritas Advisory Services LLC lifted its holdings in Vanguard Utilities ETF by 47.1% in the second quarter. Ameritas Advisory Services LLC now owns 168,766 shares of the company’s stock valued at $33,033,000 after acquiring an additional 54,051 shares during the period. Finally, Nan Shan Life Insurance Co. Ltd. lifted its holdings in Vanguard Utilities ETF by 41.9% in the second quarter. Nan Shan Life Insurance Co. Ltd. now owns 150,369 shares of the company’s stock valued at $29,432,000 after acquiring an additional 44,405 shares during the period.

Vanguard Utilities ETF Trading Up 0.3%

Vanguard Utilities ETF stock opened at $189.55 on Thursday. The firm has a market cap of $8.25 billion, a PE ratio of 20.60 and a beta of 0.55. Vanguard Utilities ETF has a 12 month low of $169.37 and a 12 month high of $206.10. The stock’s 50 day simple moving average is $181.13 and its two-hundred day simple moving average is $191.63.

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.