Zevin Asset Management LLC Buys Shares of 1,529 Vanguard Utilities ETF $VPU

Zevin Asset Management LLC bought a new stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,529 shares of the company’s stock, valued at approximately $270,000.

Several other institutional investors have also added to or reduced their stakes in VPU. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Utilities ETF by 6.6% during the first quarter. Envestnet Asset Management Inc. now owns 643,021 shares of the company’s stock valued at $109,834,000 after acquiring an additional 40,025 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Utilities ETF by 8.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 611,050 shares of the company’s stock worth $104,373,000 after purchasing an additional 46,436 shares during the last quarter. Empower Advisory Group LLC increased its stake in Vanguard Utilities ETF by 4.6% during the 1st quarter. Empower Advisory Group LLC now owns 380,900 shares of the company’s stock valued at $65,062,000 after purchasing an additional 16,842 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Utilities ETF by 18.0% in the first quarter. Ameriprise Financial Inc. now owns 263,041 shares of the company’s stock worth $44,935,000 after buying an additional 40,035 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Vanguard Utilities ETF by 6.9% during the first quarter. Cetera Investment Advisers now owns 218,335 shares of the company’s stock worth $37,294,000 after buying an additional 14,147 shares during the period.

Vanguard Utilities ETF Price Performance

Shares of VPU opened at $191.35 on Friday. The company’s fifty day moving average price is $190.37 and its 200-day moving average price is $182.28. Vanguard Utilities ETF has a 1-year low of $154.00 and a 1-year high of $203.15. The firm has a market capitalization of $7.81 billion, a PE ratio of 20.60 and a beta of 0.61.

About Vanguard Utilities ETF

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).