Janney Montgomery Scott LLC increased its stake in Vanguard Utilities ETF (NYSEARCA:VPU – Free Report) by 9.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,840 shares of the company’s stock after acquiring an additional 4,543 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.12% of Vanguard Utilities ETF worth $10,272,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in VPU. Jessup Wealth Management Inc acquired a new stake in shares of Vanguard Utilities ETF in the fourth quarter valued at about $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Vanguard Utilities ETF during the 4th quarter worth about $28,000. Physician Wealth Advisors Inc. purchased a new position in Vanguard Utilities ETF in the 4th quarter valued at about $31,000. Imprint Wealth LLC purchased a new position in Vanguard Utilities ETF in the 3rd quarter valued at about $38,000. Finally, Tower View Wealth Management LLC lifted its stake in Vanguard Utilities ETF by 186.4% in the 1st quarter. Tower View Wealth Management LLC now owns 232 shares of the company’s stock valued at $46,000 after buying an additional 151 shares in the last quarter.
Vanguard Utilities ETF Trading Up 2.2%
NYSEARCA:VPU opened at $197.54 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 50 day moving average of $194.78 and a two-hundred day moving average of $194.21. The firm has a market cap of $8.77 billion, a P/E ratio of 20.60 and a beta of 0.59.
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.
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