Vanguard Utilities ETF (NYSEARCA:VPU) Reaches New 52-Week Low – Time to Sell?

Vanguard Utilities ETF (NYSEARCA:VPU)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $181.26 and last traded at $181.2140, with a volume of 39292 shares changing hands. The stock had previously closed at $183.19.

Vanguard Utilities ETF Stock Performance

The firm has a market cap of $7.91 billion, a PE ratio of 20.60 and a beta of 0.58. The stock has a 50-day simple moving average of $190.23 and a two-hundred day simple moving average of $194.71.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lido Advisors LLC increased its position in Vanguard Utilities ETF by 6.1% in the fourth quarter. Lido Advisors LLC now owns 70,379 shares of the company’s stock worth $13,167,000 after purchasing an additional 4,061 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in Vanguard Utilities ETF by 9.6% during the first quarter. Janney Montgomery Scott LLC now owns 51,840 shares of the company’s stock valued at $10,272,000 after purchasing an additional 4,543 shares during the last quarter. Bard Associates Inc. lifted its position in Vanguard Utilities ETF by 24.8% during the fourth quarter. Bard Associates Inc. now owns 26,886 shares of the company’s stock valued at $4,975,000 after purchasing an additional 5,349 shares during the last quarter. NewEdge Wealth LLC bought a new position in Vanguard Utilities ETF during the first quarter valued at $1,029,000. Finally, Nomura Asset Management Co. Ltd. grew its stake in shares of Vanguard Utilities ETF by 34.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 36,900 shares of the company’s stock worth $6,828,000 after buying an additional 9,400 shares in the last quarter.

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.