Vanguard Utilities ETF (NYSEARCA:VPU) Sees Large Volume Increase – Time to Buy?

Shares of Vanguard Utilities ETF (NYSEARCA:VPU) saw unusually-high trading volume on Monday. Approximately 241,872 shares were traded during trading, a decline of 11% from the previous session’s volume of 270,746 shares. The stock last traded at $170.9290 and had previously closed at $171.48.

Vanguard Utilities ETF Stock Down 0.8%

The company has a 50-day moving average price of $186.97 and a 200-day moving average price of $193.15. The firm has a market capitalization of $7.61 billion, a price-to-earnings ratio of 20.60 and a beta of 0.58.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VPU. Lido Advisors LLC raised its position 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 acquiring an additional 4,061 shares in the last quarter. Hamilton Wealth LLC boosted its position in shares of Vanguard Utilities ETF by 11.2% during the 1st quarter. Hamilton Wealth LLC now owns 31,787 shares of the company’s stock valued at $6,298,000 after purchasing an additional 3,206 shares in the last quarter. Bard Associates Inc. boosted its position in shares of Vanguard Utilities ETF by 24.8% during the 4th quarter. Bard Associates Inc. now owns 26,886 shares of the company’s stock valued at $4,975,000 after purchasing an additional 5,349 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Vanguard Utilities ETF by 9.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 51,840 shares of the company’s stock worth $10,272,000 after purchasing an additional 4,543 shares during the last quarter. Finally, NewEdge Wealth LLC acquired a new position in shares of Vanguard Utilities ETF in the 1st quarter worth approximately $1,029,000.

Vanguard Utilities ETF Company 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.