Alpha Cubed Investments LLC Takes $287,000 Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Alpha Cubed Investments LLC purchased a new stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,094 shares of the company’s stock, valued at approximately $287,000.

A number of other hedge funds have also bought and sold shares of the business. Anchor Investment Management LLC purchased a new position in Vanguard Utilities ETF in the fourth quarter valued at about $449,000. Glass Jacobson Investment Advisors llc lifted its stake in Vanguard Utilities ETF by 22.3% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 7,543 shares of the company’s stock valued at $1,034,000 after purchasing an additional 1,374 shares during the last quarter. Citigroup Inc. grew its holdings in Vanguard Utilities ETF by 154.4% during the third quarter. Citigroup Inc. now owns 12,269 shares of the company’s stock valued at $1,565,000 after purchasing an additional 7,447 shares during the period. First Bancorp Inc ME increased its position in Vanguard Utilities ETF by 1.9% in the fourth quarter. First Bancorp Inc ME now owns 6,312 shares of the company’s stock worth $865,000 after buying an additional 117 shares during the last quarter. Finally, Sharper & Granite LLC raised its stake in shares of Vanguard Utilities ETF by 2.2% in the third quarter. Sharper & Granite LLC now owns 9,171 shares of the company’s stock valued at $1,170,000 after buying an additional 200 shares during the period.

Vanguard Utilities ETF Price Performance

Shares of NYSEARCA VPU opened at $146.51 on Thursday. Vanguard Utilities ETF has a one year low of $118.81 and a one year high of $150.93. The business’s fifty day moving average price is $139.49 and its 200-day moving average price is $135.66. The stock has a market capitalization of $5.27 billion, a PE ratio of 20.65 and a beta of 0.56.

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).