DAVENPORT & Co LLC Acquires 5,588 Shares of Vanguard Utilities ETF $VPU

DAVENPORT & Co LLC lifted its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 364.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,121 shares of the company’s stock after buying an additional 5,588 shares during the quarter. DAVENPORT & Co LLC’s holdings in Vanguard Utilities ETF were worth $1,257,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Safe Harbor Fiduciary LLC bought a new position in Vanguard Utilities ETF during the first quarter worth $25,000. Citizens National Bank Trust Department bought a new position in Vanguard Utilities ETF during the first quarter worth $26,000. NBC Securities Inc. bought a new position in Vanguard Utilities ETF during the first quarter worth $27,000. von Borstel & Associates Inc. bought a new position in Vanguard Utilities ETF during the first quarter worth $28,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA bought a new position in Vanguard Utilities ETF during the second quarter worth $33,000.

Vanguard Utilities ETF Stock Performance

VPU opened at $195.50 on Friday. Vanguard Utilities ETF has a fifty-two week low of $154.00 and a fifty-two week high of $198.18. The company has a market capitalization of $7.98 billion, a P/E ratio of 20.60 and a beta of 0.54. The stock has a fifty day moving average of $186.40 and a 200-day moving average of $178.25.

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).