Vanguard Utilities ETF (NYSEARCA:VPU) Short Interest Update

Vanguard Utilities ETF (NYSEARCA:VPU) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 69,903 shares, a drop of 42.3% from the May 31st total of 121,228 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 256,473 shares, the days-to-cover ratio is presently 0.3 days.

Vanguard Utilities ETF Stock Down 1.2%

VPU traded down $2.35 during trading on Wednesday, hitting $193.38. The company’s stock had a trading volume of 315,821 shares, compared to its average volume of 261,601. The business’s 50 day simple moving average is $194.81 and its 200-day simple moving average is $194.09. The firm has a market cap of $8.50 billion, a PE ratio of 20.60 and a beta of 0.59. Vanguard Utilities ETF has a one year low of $173.75 and a one year high of $206.10.

Hedge Funds Weigh In On Vanguard Utilities ETF

Several institutional investors and hedge funds have recently bought and sold shares of VPU. Morgan Stanley grew its stake in shares of Vanguard Utilities ETF by 3.4% during the 4th quarter. Morgan Stanley now owns 1,145,923 shares of the company’s stock valued at $212,042,000 after acquiring an additional 37,431 shares during the period. Bank of America Corp DE lifted its holdings in Vanguard Utilities ETF by 3.8% during the first quarter. Bank of America Corp DE now owns 1,042,308 shares of the company’s stock valued at $206,523,000 after purchasing an additional 38,435 shares in the last quarter. LPL Financial LLC lifted its holdings in Vanguard Utilities ETF by 7.3% during the fourth quarter. LPL Financial LLC now owns 893,163 shares of the company’s stock valued at $165,271,000 after purchasing an additional 60,554 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Utilities ETF by 2.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 658,484 shares of the company’s stock worth $124,723,000 after purchasing an additional 12,760 shares during the period. Finally, New England Private Wealth Advisors LLC boosted its position in shares of Vanguard Utilities ETF by 1,879.2% in the fourth quarter. New England Private Wealth Advisors LLC now owns 475,432 shares of the company’s stock worth $88,749,000 after purchasing an additional 451,410 shares during the period.

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.