Vestmark Advisory Solutions Inc. Buys Shares of 3,583 Vanguard Utilities ETF $VPU

Vestmark Advisory Solutions Inc. purchased a new position in Vanguard Utilities ETF (NYSEARCA:VPU) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,583 shares of the company’s stock, valued at approximately $679,000.

Several other institutional investors have also modified their holdings of VPU. Beacon Capital Management Inc. increased its stake in Vanguard Utilities ETF by 178.2% during the 2nd quarter. Beacon Capital Management Inc. now owns 737,018 shares of the company’s stock worth $130,091,000 after purchasing an additional 472,113 shares in the last quarter. Laurel Wealth Advisors LLC boosted its holdings in shares of Vanguard Utilities ETF by 39,275.4% in the second quarter. Laurel Wealth Advisors LLC now owns 255,940 shares of the company’s stock valued at $45,176,000 after buying an additional 255,290 shares during the period. Corient Private Wealth LLC increased its position in shares of Vanguard Utilities ETF by 90.6% during the second quarter. Corient Private Wealth LLC now owns 228,180 shares of the company’s stock worth $40,277,000 after acquiring an additional 108,479 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Vanguard Utilities ETF by 52,392.5% during the second quarter. BNP Paribas Financial Markets now owns 77,164 shares of the company’s stock worth $13,620,000 after acquiring an additional 77,017 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Vanguard Utilities ETF by 5.7% during the second quarter. Bank of America Corp DE now owns 974,255 shares of the company’s stock worth $171,966,000 after acquiring an additional 52,880 shares during the period.

Vanguard Utilities ETF Trading Down 0.4%

VPU opened at $203.78 on Friday. The stock has a market capitalization of $8.66 billion, a P/E ratio of 20.60 and a beta of 0.61. Vanguard Utilities ETF has a 12 month low of $154.00 and a 12 month high of $204.81. The firm’s fifty day simple moving average is $189.83 and its 200 day simple moving average is $189.75.

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.