Western Wealth Management LLC Boosts Holdings in Vanguard Utilities ETF $VPU

Western Wealth Management LLC raised its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 1,008.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,028 shares of the company’s stock after acquiring an additional 14,582 shares during the quarter. Western Wealth Management LLC’s holdings in Vanguard Utilities ETF were worth $2,966,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Brookstone Capital Management increased its holdings in Vanguard Utilities ETF by 29.1% during the 4th quarter. Brookstone Capital Management now owns 11,529 shares of the company’s stock valued at $2,133,000 after acquiring an additional 2,599 shares in the last quarter. Novak & Powell Financial Services Inc. increased its holdings in Vanguard Utilities ETF by 291.2% during the 3rd quarter. Novak & Powell Financial Services Inc. now owns 5,954 shares of the company’s stock valued at $1,128,000 after acquiring an additional 4,432 shares in the last quarter. Venturi Wealth Management LLC purchased a new position in Vanguard Utilities ETF during the 4th quarter valued at about $4,400,000. Vestmark Advisory Solutions Inc. purchased a new position in Vanguard Utilities ETF during the 3rd quarter valued at about $679,000. Finally, Farther Finance Advisors LLC increased its holdings in Vanguard Utilities ETF by 12.8% during the 4th quarter. Farther Finance Advisors LLC now owns 29,068 shares of the company’s stock valued at $5,379,000 after acquiring an additional 3,307 shares in the last quarter.

Vanguard Utilities ETF Trading Up 0.5%

NYSEARCA:VPU opened at $194.56 on Friday. The firm has a 50-day moving average price of $199.04 and a two-hundred day moving average price of $193.83. Vanguard Utilities ETF has a twelve month low of $171.17 and a twelve month high of $206.10. The company has a market capitalization of $8.55 billion, a P/E ratio of 20.60 and a beta of 0.62.

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.