Maloon Powers Pitre Higgins & Dennehy LLC Takes $807,000 Position in Vanguard Utilities ETF $VPU

Maloon Powers Pitre Higgins & Dennehy LLC purchased a new position in Vanguard Utilities ETF (NYSEARCA:VPU) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 4,123 shares of the company’s stock, valued at approximately $807,000.

Other institutional investors have also modified their holdings of the company. Western Wealth Management LLC boosted its stake in Vanguard Utilities ETF by 1,008.4% during the 4th quarter. Western Wealth Management LLC now owns 16,028 shares of the company’s stock valued at $2,966,000 after acquiring an additional 14,582 shares during the last quarter. Lido Advisors LLC grew its stake in Vanguard Utilities ETF by 6.1% in the fourth quarter. Lido Advisors LLC now owns 70,379 shares of the company’s stock worth $13,167,000 after purchasing an additional 4,061 shares in the last quarter. Legacy Financial Group LLC bought a new stake in Vanguard Utilities ETF in the fourth quarter valued at about $3,868,000. Janney Montgomery Scott LLC raised its stake in Vanguard Utilities ETF by 9.6% during the first quarter. Janney Montgomery Scott LLC now owns 51,840 shares of the company’s stock valued at $10,272,000 after buying an additional 4,543 shares in the last quarter. Finally, Dougherty & Associates LLC acquired a new stake in Vanguard Utilities ETF during the fourth quarter valued at approximately $2,359,000.

Vanguard Utilities ETF Stock Up 0.2%

NYSEARCA:VPU opened at $186.35 on Friday. The company has a market cap of $8.25 billion, a PE ratio of 20.60 and a beta of 0.58. The business’s 50 day moving average is $192.00 and its two-hundred day moving average is $195.60. Vanguard Utilities ETF has a 52 week low of $178.51 and a 52 week 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.