SHP Wealth Management Purchases Shares of 3,382 Vanguard Utilities ETF $VPU

SHP Wealth Management purchased a new position in Vanguard Utilities ETF (NYSEARCA:VPU) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,382 shares of the company’s stock, valued at approximately $626,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of VPU. Jessup Wealth Management Inc bought a new position in shares of Vanguard Utilities ETF in the fourth quarter worth about $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of Vanguard Utilities ETF during the 4th quarter valued at approximately $28,000. Physician Wealth Advisors Inc. bought a new position in shares of Vanguard Utilities ETF during the 4th quarter valued at approximately $31,000. Imprint Wealth LLC purchased a new stake in Vanguard Utilities ETF in the 3rd quarter worth approximately $38,000. Finally, Turning Point Benefit Group Inc. purchased a new stake in Vanguard Utilities ETF in the 4th quarter worth approximately $48,000.

Vanguard Utilities ETF Stock Performance

NYSEARCA VPU opened at $193.95 on Friday. Vanguard Utilities ETF has a 12 month low of $173.75 and a 12 month high of $206.10. The stock has a market cap of $8.52 billion, a price-to-earnings ratio of 20.60 and a beta of 0.59. The company’s 50 day moving average is $195.35 and its two-hundred day moving average is $193.62.

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.