Vanguard Utilities ETF $VPU Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. cut its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 93.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,191 shares of the company’s stock after selling 31,359 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Utilities ETF were worth $415,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in VPU. Bank of America Corp DE increased its holdings in shares of Vanguard Utilities ETF by 5.7% in the second quarter. Bank of America Corp DE now owns 974,255 shares of the company’s stock valued at $171,966,000 after buying an additional 52,880 shares in the last quarter. Beacon Capital Management Inc. grew its holdings in shares of Vanguard Utilities ETF by 178.2% in the 2nd quarter. Beacon Capital Management Inc. now owns 737,018 shares of the company’s stock worth $130,091,000 after acquiring an additional 472,113 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Utilities ETF by 5.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 645,724 shares of the company’s stock worth $113,977,000 after acquiring an additional 34,674 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Vanguard Utilities ETF by 8.3% during the second quarter. Ameriprise Financial Inc. now owns 284,776 shares of the company’s stock worth $50,315,000 after purchasing an additional 21,735 shares during the period. Finally, Laurel Wealth Advisors LLC raised its position in shares of Vanguard Utilities ETF by 39,275.4% during the second quarter. Laurel Wealth Advisors LLC now owns 255,940 shares of the company’s stock worth $45,176,000 after purchasing an additional 255,290 shares during the period.

Vanguard Utilities ETF Trading Down 0.2%

NYSEARCA VPU opened at $187.99 on Friday. Vanguard Utilities ETF has a 1 year low of $154.00 and a 1 year high of $203.15. The company has a market cap of $7.99 billion, a PE ratio of 20.60 and a beta of 0.61. The stock’s 50-day moving average price is $187.37 and its two-hundred day moving average price is $188.16.

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.