Vanguard Utilities ETF (NYSEARCA:VPU) Sees Strong Trading Volume – Here’s Why

Shares of Vanguard Utilities ETF (NYSEARCA:VPU) saw unusually-high trading volume on Tuesday . 1,169,454 shares traded hands during mid-day trading, an increase of 346% from the previous session’s volume of 262,106 shares.The stock last traded at $179.3420 and had previously closed at $180.77.

Vanguard Utilities ETF Stock Up 0.8%

The company’s fifty day moving average price is $189.89 and its 200 day moving average price is $194.53. The company has a market capitalization of $7.98 billion, a P/E ratio of 20.60 and a beta of 0.58.

Institutional Trading of Vanguard Utilities ETF

A number of institutional investors have recently modified their holdings of the stock. D.A. Davidson & CO. grew its stake in shares of Vanguard Utilities ETF by 1.8% in the first quarter. D.A. Davidson & CO. now owns 2,825 shares of the company’s stock worth $560,000 after acquiring an additional 50 shares during the period. Diversify Wealth Management LLC boosted its stake in shares of Vanguard Utilities ETF by 2.9% in the 1st quarter. Diversify Wealth Management LLC now owns 1,911 shares of the company’s stock worth $378,000 after buying an additional 53 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Vanguard Utilities ETF by 0.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 13,292 shares of the company’s stock worth $2,602,000 after purchasing an additional 54 shares during the last quarter. Chemistry Wealth Management LLC grew its stake in shares of Vanguard Utilities ETF by 2.0% during the 2nd quarter. Chemistry Wealth Management LLC now owns 2,797 shares of the company’s stock valued at $547,000 after purchasing an additional 55 shares during the period. Finally, Parallel Advisors LLC lifted its position in Vanguard Utilities ETF by 3.0% during the fourth quarter. Parallel Advisors LLC now owns 2,219 shares of the company’s stock valued at $411,000 after purchasing an additional 64 shares in the last quarter.

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). 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.