IFP Advisors Inc Cuts Position in Vanguard Utilities ETF $VPU

IFP Advisors Inc reduced its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 47.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,031 shares of the company’s stock after selling 4,586 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard Utilities ETF were worth $958,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Russell Investments Group Ltd. increased its position in 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 purchasing an additional 52 shares in the last quarter. Vivaldi Capital Management LP raised its holdings in Vanguard Utilities ETF by 4.1% in 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. Northwest Financial Advisors lifted its position in Vanguard Utilities ETF by 1.7% during the third quarter. Northwest Financial Advisors now owns 3,185 shares of the company’s stock valued at $603,000 after buying an additional 54 shares in the last quarter. Advisory Services Network LLC lifted its position in Vanguard Utilities ETF by 1.0% during the third quarter. Advisory Services Network LLC now owns 5,679 shares of the company’s stock valued at $1,076,000 after buying an additional 54 shares in the last quarter. Finally, Guardian Asset Advisors LLC grew its stake in Vanguard Utilities ETF by 4.8% during the third quarter. Guardian Asset Advisors LLC now owns 1,197 shares of the company’s stock worth $227,000 after buying an additional 55 shares during the period.

Vanguard Utilities ETF Stock Up 1.1%

Vanguard Utilities ETF stock opened at $194.78 on Tuesday. The firm has a fifty day moving average of $195.39 and a 200-day moving average of $191.85. Vanguard Utilities ETF has a 52-week low of $154.00 and a 52-week high of $206.10. The firm has a market capitalization of $8.28 billion, a P/E ratio of 20.60 and a beta of 0.61.

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.