Vanguard Utilities ETF (NYSEARCA:VPU) Short Interest Down 60.8% in July

Vanguard Utilities ETF (NYSEARCA:VPU) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 114,650 shares, a decrease of 60.8% from the June 30th total of 292,256 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 210,743 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Vanguard Utilities ETF

Several large investors have recently modified their holdings of VPU. Jessup Wealth Management Inc purchased a new position in Vanguard Utilities ETF in the fourth quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. bought a new position in Vanguard Utilities ETF during the fourth quarter valued at $28,000. Physician Wealth Advisors Inc. purchased a new stake in Vanguard Utilities ETF in the fourth quarter worth $31,000. Van Den Berg Management I Inc. purchased a new stake in Vanguard Utilities ETF in the first quarter worth $32,000. Finally, Kohmann Bosshard Financial Services LLC increased its position in Vanguard Utilities ETF by 905.9% in the first quarter. Kohmann Bosshard Financial Services LLC now owns 171 shares of the company’s stock worth $34,000 after buying an additional 154 shares during the last quarter.

Vanguard Utilities ETF Stock Performance

NYSEARCA VPU opened at $196.36 on Wednesday. The company has a market capitalization of $8.69 billion, a PE ratio of 20.60 and a beta of 0.59. Vanguard Utilities ETF has a 52-week low of $178.51 and a 52-week high of $206.10. The company has a 50-day simple moving average of $194.86 and a 200 day simple moving average of $195.63.

About Vanguard Utilities ETF

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.