Vanguard Utilities ETF (NYSEARCA:VPU) Reaches New 1-Year Low – Time to Sell?

Vanguard Utilities ETF (NYSEARCA:VPU)’s share price hit a new 52-week low during trading on Tuesday. The stock traded as low as $169.40 and last traded at $170.29, with a volume of 566956 shares changing hands. The stock had previously closed at $171.48.

Vanguard Utilities ETF Stock Down 0.7%

The stock has a market cap of $7.64 billion, a P/E ratio of 20.60 and a beta of 0.58. The business has a 50 day moving average price of $185.50 and a two-hundred day moving average price of $192.53.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VPU. Envestnet Asset Management Inc. grew its holdings in Vanguard Utilities ETF by 5.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 509,148 shares of the company’s stock valued at $99,656,000 after buying an additional 26,347 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Vanguard Utilities ETF by 7.0% during the second quarter. Integrated Wealth Concepts LLC now owns 27,728 shares of the company’s stock valued at $5,427,000 after buying an additional 1,825 shares during the last quarter. RFG Advisory LLC lifted its holdings in shares of Vanguard Utilities ETF by 1.6% in the second quarter. RFG Advisory LLC now owns 6,027 shares of the company’s stock worth $1,180,000 after buying an additional 94 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Vanguard Utilities ETF by 60.9% in the second quarter. NewEdge Advisors LLC now owns 43,979 shares of the company’s stock worth $8,608,000 after buying an additional 16,640 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in shares of Vanguard Utilities ETF by 16.3% during the second quarter. IFP Advisors Inc now owns 15,520 shares of the company’s stock worth $3,038,000 after acquiring an additional 2,172 shares during 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.