Howard Capital Management Inc. Takes $203,000 Position in Vanguard Utilities ETF $VPU

Howard Capital Management Inc. acquired a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,149 shares of the company’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors have also modified their holdings of VPU. AdvisorNet Financial Inc raised its stake in Vanguard Utilities ETF by 22.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 335 shares of the company’s stock worth $59,000 after acquiring an additional 61 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Vanguard Utilities ETF by 4.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 19,998 shares of the company’s stock worth $3,539,000 after acquiring an additional 885 shares in the last quarter. Signaturefd LLC raised its stake in Vanguard Utilities ETF by 15.6% during the 2nd quarter. Signaturefd LLC now owns 452 shares of the company’s stock worth $80,000 after acquiring an additional 61 shares in the last quarter. Register Financial Advisors LLC acquired a new stake in Vanguard Utilities ETF during the 2nd quarter worth $54,000. Finally, Fifth Third Bancorp raised its stake in Vanguard Utilities ETF by 1.9% during the 2nd quarter. Fifth Third Bancorp now owns 13,193 shares of the company’s stock worth $2,329,000 after acquiring an additional 247 shares in the last quarter.

Vanguard Utilities ETF Price Performance

Shares of NYSEARCA:VPU opened at $194.31 on Friday. The company’s fifty day moving average price is $189.56 and its 200 day moving average price is $181.43. Vanguard Utilities ETF has a 12 month low of $154.00 and a 12 month high of $203.15. The firm has a market capitalization of $7.93 billion, a P/E ratio of 20.60 and a beta of 0.61.

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).