Vanguard Utilities ETF $VPU Shares Purchased by Nan Shan Life Insurance Co. Ltd.

Nan Shan Life Insurance Co. Ltd. increased its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 41.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 150,369 shares of the company’s stock after purchasing an additional 44,405 shares during the period. Nan Shan Life Insurance Co. Ltd. owned approximately 0.34% of Vanguard Utilities ETF worth $29,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VPU. M Holdings Securities Inc. purchased a new stake in Vanguard Utilities ETF in the second quarter valued at $4,947,000. First Bancorp Inc ME purchased a new position in shares of Vanguard Utilities ETF during the 2nd quarter valued at about $1,631,000. Compass Financial Management LLC purchased a new position in shares of Vanguard Utilities ETF during the 2nd quarter valued at about $58,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Vanguard Utilities ETF during the 2nd quarter valued at about $433,000. Finally, Trust Co. of Vermont acquired a new position in shares of Vanguard Utilities ETF in the 2nd quarter valued at about $478,000.

Vanguard Utilities ETF Stock Up 0.8%

Shares of VPU opened at $184.24 on Wednesday. The company has a market capitalization of $8.15 billion, a price-to-earnings ratio of 20.60 and a beta of 0.59. Vanguard Utilities ETF has a 52 week low of $178.51 and a 52 week high of $206.10. The stock’s 50-day moving average price is $192.75 and its 200-day moving average price is $195.85.

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.