LPL Financial LLC Purchases 60,554 Shares of Vanguard Utilities ETF $VPU

LPL Financial LLC lifted its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 7.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 893,163 shares of the company’s stock after buying an additional 60,554 shares during the quarter. LPL Financial LLC’s holdings in Vanguard Utilities ETF were worth $165,271,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brookstone Capital Management lifted its stake in Vanguard Utilities ETF by 29.1% in the 4th quarter. Brookstone Capital Management now owns 11,529 shares of the company’s stock worth $2,133,000 after purchasing an additional 2,599 shares in the last quarter. Novak & Powell Financial Services Inc. lifted its stake in Vanguard Utilities ETF by 291.2% in the 3rd quarter. Novak & Powell Financial Services Inc. now owns 5,954 shares of the company’s stock worth $1,128,000 after purchasing an additional 4,432 shares in the last quarter. Venturi Wealth Management LLC purchased a new stake in Vanguard Utilities ETF in the 4th quarter worth $4,400,000. CWM LLC lifted its stake in Vanguard Utilities ETF by 420.7% in the 4th quarter. CWM LLC now owns 23,499 shares of the company’s stock worth $4,348,000 after purchasing an additional 18,986 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. purchased a new stake in Vanguard Utilities ETF in the 3rd quarter worth $679,000.

Vanguard Utilities ETF Stock Down 0.0%

Shares of VPU stock opened at $190.57 on Thursday. The stock has a market cap of $8.37 billion, a P/E ratio of 20.60 and a beta of 0.59. Vanguard Utilities ETF has a 52 week low of $172.67 and a 52 week high of $206.10. The company’s fifty day simple moving average is $196.26 and its two-hundred day simple moving average is $193.64.

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.