Money Concepts Capital Corp Sells 42,144 Shares of Vanguard Utilities ETF $VPU

Money Concepts Capital Corp trimmed its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 91.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,167 shares of the company’s stock after selling 42,144 shares during the period. Money Concepts Capital Corp’s holdings in Vanguard Utilities ETF were worth $713,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in Vanguard Utilities ETF by 3.8% in the 1st quarter. Bank of America Corp DE now owns 1,042,308 shares of the company’s stock worth $206,523,000 after acquiring an additional 38,435 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Vanguard Utilities ETF by 5.5% during the second quarter. Envestnet Asset Management Inc. now owns 509,148 shares of the company’s stock worth $99,656,000 after acquiring an additional 26,347 shares during the period. Cetera Investment Advisers raised its stake in shares of Vanguard Utilities ETF by 1.4% during the first quarter. Cetera Investment Advisers now owns 188,013 shares of the company’s stock valued at $37,253,000 after acquiring an additional 2,631 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in shares of Vanguard Utilities ETF by 47.1% during the second quarter. Ameritas Advisory Services LLC now owns 168,766 shares of the company’s stock valued at $33,033,000 after acquiring an additional 54,051 shares in the last quarter. Finally, Nan Shan Life Insurance Co. Ltd. boosted its holdings in shares of Vanguard Utilities ETF by 41.9% in the second quarter. Nan Shan Life Insurance Co. Ltd. now owns 150,369 shares of the company’s stock valued at $29,432,000 after purchasing an additional 44,405 shares during the period.

Vanguard Utilities ETF Trading Up 0.5%

Shares of NYSEARCA VPU traded up $0.86 during trading hours on Friday, reaching $190.34. The stock had a trading volume of 176,028 shares, compared to its average volume of 284,114. Vanguard Utilities ETF has a 52-week low of $169.37 and a 52-week high of $206.10. The firm has a market cap of $8.29 billion, a price-to-earnings ratio of 18.20 and a beta of 0.55. The business’s fifty day moving average price is $181.31 and its two-hundred day moving average price is $191.66.

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.