Brookstone Capital Management Increases Stake in Vanguard Utilities ETF $VPU

Brookstone Capital Management grew its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 19.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 8,774 shares of the company’s stock after buying an additional 1,418 shares during the quarter. Brookstone Capital Management’s holdings in Vanguard Utilities ETF were worth $1,549,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. TIAA Trust National Association lifted its stake in Vanguard Utilities ETF by 2,023.8% during the first quarter. TIAA Trust National Association now owns 96,441 shares of the company’s stock worth $16,473,000 after purchasing an additional 91,900 shares during the last quarter. Nan Shan Life Insurance Co. Ltd. lifted its stake in Vanguard Utilities ETF by 166.4% during the first quarter. Nan Shan Life Insurance Co. Ltd. now owns 103,880 shares of the company’s stock worth $17,744,000 after purchasing an additional 64,880 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Utilities ETF by 8.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 611,050 shares of the company’s stock worth $104,373,000 after purchasing an additional 46,436 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Vanguard Utilities ETF by 18.0% during the first quarter. Ameriprise Financial Inc. now owns 263,041 shares of the company’s stock worth $44,935,000 after purchasing an additional 40,035 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Vanguard Utilities ETF by 6.6% during the first quarter. Envestnet Asset Management Inc. now owns 643,021 shares of the company’s stock worth $109,834,000 after purchasing an additional 40,025 shares during the last quarter.

Vanguard Utilities ETF Stock Up 1.3%

VPU stock opened at $198.11 on Friday. The business has a 50 day moving average price of $188.72 and a 200 day moving average price of $180.40. The stock has a market cap of $8.09 billion, a price-to-earnings ratio of 20.60 and a beta of 0.54. Vanguard Utilities ETF has a fifty-two week low of $154.00 and a fifty-two week high of $203.15.

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).