Vanguard Utilities ETF $VPU Position Raised by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC lifted its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 1,879.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 475,432 shares of the company’s stock after purchasing an additional 451,410 shares during the period. Vanguard Utilities ETF comprises approximately 5.2% of New England Private Wealth Advisors LLC’s holdings, making the stock its 2nd biggest holding. New England Private Wealth Advisors LLC’s holdings in Vanguard Utilities ETF were worth $88,749,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of Vanguard Utilities ETF by 3.3% in the third quarter. Bank of America Corp DE now owns 1,006,256 shares of the company’s stock worth $190,595,000 after buying an additional 32,001 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Utilities ETF by 2.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 658,484 shares of the company’s stock worth $124,723,000 after buying an additional 12,760 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Utilities ETF by 1.3% in the third quarter. Envestnet Asset Management Inc. now owns 518,389 shares of the company’s stock worth $98,188,000 after buying an additional 6,888 shares in the last quarter. UBS Group AG lifted its holdings in shares of Vanguard Utilities ETF by 21.8% in the fourth quarter. UBS Group AG now owns 344,439 shares of the company’s stock worth $63,735,000 after buying an additional 61,687 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Utilities ETF by 4.4% in the third quarter. Ameriprise Financial Inc. now owns 297,342 shares of the company’s stock worth $56,385,000 after buying an additional 12,566 shares in the last quarter.

Vanguard Utilities ETF Trading Up 0.8%

Shares of Vanguard Utilities ETF stock opened at $196.47 on Friday. Vanguard Utilities ETF has a 12-month low of $172.47 and a 12-month high of $206.10. The company has a market cap of $8.63 billion, a price-to-earnings ratio of 20.60 and a beta of 0.62. The company’s 50-day moving average price is $197.97 and its 200-day moving average price is $193.73.

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.