11,089 Shares in Vanguard Utilities ETF (NYSEARCA:VPU) Acquired by Hershey Financial Advisers LLC

Hershey Financial Advisers LLC acquired a new position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) in the 4th quarter, Holdings Channel reports. The fund acquired 11,089 shares of the company’s stock, valued at approximately $1,812,000. Vanguard Utilities ETF makes up about 1.6% of Hershey Financial Advisers LLC’s portfolio, making the stock its 19th biggest holding.

Other institutional investors have also modified their holdings of the company. The Manufacturers Life Insurance Company purchased a new stake in shares of Vanguard Utilities ETF during the 3rd quarter worth approximately $623,000. Apollon Wealth Management LLC purchased a new stake in shares of Vanguard Utilities ETF during the 4th quarter worth approximately $228,000. Park Avenue Securities LLC purchased a new stake in shares of Vanguard Utilities ETF during the 4th quarter worth approximately $428,000. Principal Securities Inc. lifted its position in shares of Vanguard Utilities ETF by 14.3% during the 4th quarter. Principal Securities Inc. now owns 4,795 shares of the company’s stock worth $784,000 after buying an additional 600 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in shares of Vanguard Utilities ETF by 50.1% during the 4th quarter. IFP Advisors Inc now owns 914 shares of the company’s stock worth $149,000 after buying an additional 305 shares during the last quarter.

Vanguard Utilities ETF Trading Down 0.7 %

Shares of NYSEARCA:VPU opened at $170.39 on Monday. The company has a market capitalization of $9.94 billion, a PE ratio of 20.64 and a beta of 0.61. Vanguard Utilities ETF has a twelve month low of $135.67 and a twelve month high of $180.04. The firm has a 50 day simple moving average of $169.54 and a 200-day simple moving average of $170.06.

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).