39,000 Shares in Vanguard Utilities ETF (NYSEARCA:VPU) Bought by Nan Shan Life Insurance Co. Ltd.

Nan Shan Life Insurance Co. Ltd. acquired a new position in Vanguard Utilities ETF (NYSEARCA:VPU) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 39,000 shares of the company’s stock, valued at approximately $6,373,000.

A number of other large investors have also modified their holdings of the company. Brookstone Capital Management boosted its position in Vanguard Utilities ETF by 14.5% during the fourth quarter. Brookstone Capital Management now owns 8,122 shares of the company’s stock worth $1,327,000 after purchasing an additional 1,028 shares in the last quarter. MRA Advisory Group purchased a new stake in Vanguard Utilities ETF in the 4th quarter worth $3,138,000. Myecfo LLC raised its position in Vanguard Utilities ETF by 11.8% during the fourth quarter. Myecfo LLC now owns 2,472 shares of the company’s stock worth $404,000 after acquiring an additional 260 shares during the period. Park Avenue Securities LLC purchased a new position in Vanguard Utilities ETF during the fourth quarter valued at $428,000. Finally, Meridian Financial Partners LLC grew its position in shares of Vanguard Utilities ETF by 14.9% in the fourth quarter. Meridian Financial Partners LLC now owns 3,092 shares of the company’s stock valued at $505,000 after purchasing an additional 401 shares during the period.

Vanguard Utilities ETF Stock Down 0.2%

VPU stock opened at $172.03 on Wednesday. Vanguard Utilities ETF has a 52 week low of $146.45 and a 52 week high of $180.04. The firm has a 50-day simple moving average of $168.83 and a 200-day simple moving average of $169.18. The stock has a market capitalization of $10.17 billion, a P/E ratio of 20.59 and a beta of 0.60.

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).