Vanguard Utilities ETF (NYSEARCA:VPU) Hits New 12-Month Low – Time to Sell?

Vanguard Utilities ETF (NYSEARCA:VPU) shares reached a new 52-week low on Monday . The stock traded as low as $181.26 and last traded at $181.2140, with a volume of 39292 shares trading hands. The stock had previously closed at $183.19.

Vanguard Utilities ETF Stock Performance

The company has a market capitalization of $8.03 billion, a P/E ratio of 20.60 and a beta of 0.58. The business’s fifty day simple moving average is $190.89 and its 200-day simple moving average is $195.05.

Institutional Investors Weigh In On Vanguard Utilities ETF

Hedge funds have recently made changes to their positions in the company. Jessup Wealth Management Inc purchased a new position in Vanguard Utilities ETF during the 4th quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Vanguard Utilities ETF during the 4th quarter worth approximately $28,000. Van Den Berg Management I Inc. bought a new position in shares of Vanguard Utilities ETF during the 1st quarter valued at approximately $32,000. Kohmann Bosshard Financial Services LLC boosted its position in shares of Vanguard Utilities ETF by 905.9% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 171 shares of the company’s stock valued at $34,000 after acquiring an additional 154 shares during the last quarter. Finally, Imprint Wealth LLC purchased a new position in shares of Vanguard Utilities ETF in the third quarter valued at $38,000.

About Vanguard Utilities ETF

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.