178,242 Vanguard Utilities ETF $VPU Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC cut its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 97.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,538 shares of the company’s stock after selling 178,242 shares during the period. Park Avenue Securities LLC’s holdings in Vanguard Utilities ETF were worth $776,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of VPU. Verdence Capital Advisors LLC bought a new position in shares of Vanguard Utilities ETF in the 3rd quarter worth approximately $2,372,000. Sigma Planning Corp purchased a new position in shares of Vanguard Utilities ETF in the 3rd quarter valued at approximately $1,788,000. Signaturefd LLC purchased a new position in shares of Vanguard Utilities ETF in the 3rd quarter valued at approximately $262,000. Citizens Financial Group Inc. RI bought a new stake in shares of Vanguard Utilities ETF during the third quarter valued at approximately $372,000. Finally, Simplicity Wealth LLC bought a new stake in shares of Vanguard Utilities ETF during the third quarter valued at approximately $664,000.

Vanguard Utilities ETF Stock Up 0.4%

Shares of VPU stock opened at $188.38 on Thursday. The stock has a market cap of $8.46 billion, a price-to-earnings ratio of 20.60 and a beta of 0.55. The business’s fifty day moving average is $180.84 and its 200 day moving average is $191.59. Vanguard Utilities ETF has a twelve month low of $169.37 and a twelve month high of $206.10.

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.