Gray Wealth Management Inc. Decreases Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Gray Wealth Management Inc. lessened its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 21.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,841 shares of the company’s stock after selling 1,596 shares during the period. Gray Wealth Management Inc.’s holdings in Vanguard Utilities ETF were worth $801,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Cedar Wealth Management LLC raised its stake in Vanguard Utilities ETF by 255.0% in the 3rd quarter. Cedar Wealth Management LLC now owns 284 shares of the company’s stock worth $36,000 after acquiring an additional 204 shares during the last quarter. Coppell Advisory Solutions Corp. purchased a new stake in Vanguard Utilities ETF in the fourth quarter valued at approximately $46,000. ICA Group Wealth Management LLC acquired a new position in Vanguard Utilities ETF in the 4th quarter worth approximately $49,000. NBC Securities Inc. acquired a new position in Vanguard Utilities ETF in the 3rd quarter worth approximately $51,000. Finally, True Wealth Design LLC purchased a new position in Vanguard Utilities ETF during the 4th quarter worth approximately $53,000.

Vanguard Utilities ETF Stock Up 0.5 %

Shares of NYSEARCA:VPU traded up $0.68 during midday trading on Thursday, reaching $139.52. The company’s stock had a trading volume of 136,286 shares, compared to its average volume of 233,910. The stock has a fifty day moving average of $137.07 and a 200 day moving average of $134.33. Vanguard Utilities ETF has a twelve month low of $118.81 and a twelve month high of $152.55. The firm has a market capitalization of $5.02 billion, a PE ratio of 19.85 and a beta of 0.56.

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).