Janney Montgomery Scott LLC Increases Position in Vanguard Utilities ETF $VPU

Janney Montgomery Scott LLC grew its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 9.6% during the first quarter, HoldingsChannel reports. The firm owned 51,840 shares of the company’s stock after acquiring an additional 4,543 shares during the period. Janney Montgomery Scott LLC’s holdings in Vanguard Utilities ETF were worth $10,272,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. MRA Advisory Group increased its holdings in shares of Vanguard Utilities ETF by 10.5% in the first quarter. MRA Advisory Group now owns 24,312 shares of the company’s stock valued at $4,817,000 after purchasing an additional 2,308 shares during the last quarter. Laurel Oak Wealth Management LLC boosted its stake in Vanguard Utilities ETF by 5.1% during the first quarter. Laurel Oak Wealth Management LLC now owns 7,127 shares of the company’s stock worth $1,412,000 after buying an additional 347 shares during the last quarter. Maltin Wealth Management Inc. grew its holdings in Vanguard Utilities ETF by 17.1% in the 1st quarter. Maltin Wealth Management Inc. now owns 5,873 shares of the company’s stock valued at $1,164,000 after buying an additional 857 shares in the last quarter. Tower View Wealth Management LLC grew its holdings in Vanguard Utilities ETF by 186.4% in the 1st quarter. Tower View Wealth Management LLC now owns 232 shares of the company’s stock valued at $46,000 after buying an additional 151 shares in the last quarter. Finally, Christensen King & Associates Investment Services Inc. increased its stake in shares of Vanguard Utilities ETF by 8.9% in the 1st quarter. Christensen King & Associates Investment Services Inc. now owns 4,174 shares of the company’s stock worth $827,000 after acquiring an additional 341 shares during the last quarter.

Vanguard Utilities ETF Stock Up 2.2%

NYSEARCA VPU opened at $197.54 on Friday. The business’s fifty day simple moving average is $194.78 and its 200-day simple moving average is $194.21. The firm has a market cap of $8.77 billion, a PE ratio of 20.60 and a beta of 0.59. Vanguard Utilities ETF has a 52 week low of $173.75 and a 52 week high of $206.10.

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.