Legacy Financial Group LLC Makes New Investment in Vanguard Utilities ETF $VPU

Legacy Financial Group LLC acquired a new stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 20,687 shares of the company’s stock, valued at approximately $3,868,000.

Several other large investors have also recently modified their holdings of VPU. Bank of America Corp DE lifted its stake in shares of Vanguard Utilities ETF by 3.3% in the 3rd quarter. Bank of America Corp DE now owns 1,006,256 shares of the company’s stock valued at $190,595,000 after acquiring an additional 32,001 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Utilities ETF by 2.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 658,484 shares of the company’s stock worth $124,723,000 after acquiring an additional 12,760 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Vanguard Utilities ETF by 1.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 518,389 shares of the company’s stock worth $98,188,000 after acquiring an additional 6,888 shares during the last quarter. UBS Group AG increased its stake in Vanguard Utilities ETF by 21.8% in the 4th quarter. UBS Group AG now owns 344,439 shares of the company’s stock worth $63,735,000 after purchasing an additional 61,687 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in Vanguard Utilities ETF by 4.4% in the third quarter. Ameriprise Financial Inc. now owns 297,342 shares of the company’s stock valued at $56,385,000 after purchasing an additional 12,566 shares during the last quarter.

Vanguard Utilities ETF Stock Performance

Shares of VPU stock opened at $194.56 on Friday. The company has a market capitalization of $8.55 billion, a P/E ratio of 20.60 and a beta of 0.62. Vanguard Utilities ETF has a fifty-two week low of $171.17 and a fifty-two week high of $206.10. The stock has a 50 day moving average price of $199.04 and a two-hundred day moving average price of $193.83.

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). 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.