NewEdge Advisors LLC Has $8.61 Million Stock Position in Vanguard Utilities ETF $VPU

NewEdge Advisors LLC lifted its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 60.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 43,979 shares of the company’s stock after purchasing an additional 16,640 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Utilities ETF were worth $8,608,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. D.A. Davidson & CO. grew its stake in shares of Vanguard Utilities ETF by 1.8% in the first quarter. D.A. Davidson & CO. now owns 2,825 shares of the company’s stock valued at $560,000 after buying an additional 50 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Vanguard Utilities ETF by 12.1% during the third quarter. Russell Investments Group Ltd. now owns 480 shares of the company’s stock worth $91,000 after buying an additional 52 shares during the last quarter. Diversify Wealth Management LLC raised its position in Vanguard Utilities ETF by 2.9% during the first quarter. Diversify Wealth Management LLC now owns 1,911 shares of the company’s stock worth $378,000 after acquiring an additional 53 shares in the last quarter. Vivaldi Capital Management LP raised its position in Vanguard Utilities ETF by 4.1% during the third quarter. Vivaldi Capital Management LP now owns 1,352 shares of the company’s stock worth $256,000 after acquiring an additional 53 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Vanguard Utilities ETF by 0.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 13,292 shares of the company’s stock valued at $2,602,000 after acquiring an additional 54 shares during the last quarter.

Vanguard Utilities ETF Price Performance

Shares of VPU stock opened at $183.19 on Friday. The company has a fifty day moving average price of $190.89 and a two-hundred day moving average price of $195.09. Vanguard Utilities ETF has a one year low of $181.33 and a one year high of $206.10. The stock has a market cap of $8.11 billion, a P/E ratio of 20.60 and a beta of 0.58.

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). 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.