193,848 Shares in Vanguard Utilities ETF $VPU Acquired by C M Bidwell & Associates Ltd.

C M Bidwell & Associates Ltd. purchased a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 193,848 shares of the company’s stock, valued at approximately $9,737,000. Vanguard Utilities ETF accounts for approximately 4.0% of C M Bidwell & Associates Ltd.’s holdings, making the stock its 4th biggest holding.

Several other hedge funds also recently added to or reduced their stakes in VPU. Jessup Wealth Management Inc acquired a new stake in shares of Vanguard Utilities ETF in the 4th quarter valued at about $27,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Vanguard Utilities ETF in the fourth quarter valued at approximately $28,000. Physician Wealth Advisors Inc. acquired a new position in shares of Vanguard Utilities ETF in the 4th quarter valued at $31,000. Van Den Berg Management I Inc. purchased a new stake in Vanguard Utilities ETF in the 1st quarter valued at $32,000. Finally, Kohmann Bosshard Financial Services LLC raised its position in Vanguard Utilities ETF by 905.9% in the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 171 shares of the company’s stock valued at $34,000 after purchasing an additional 154 shares during the last quarter.

Vanguard Utilities ETF Trading Down 2.3%

Vanguard Utilities ETF stock opened at $185.03 on Friday. The stock has a 50 day moving average of $193.95 and a two-hundred day moving average of $195.94. Vanguard Utilities ETF has a twelve month low of $178.51 and a twelve month high of $206.10. The stock has a market capitalization of $8.19 billion, a price-to-earnings ratio of 20.60 and a beta of 0.59.

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.