Sovereign Financial Group Inc. Has $1.14 Million Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Sovereign Financial Group Inc. boosted its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 4.4% during the 4th quarter, HoldingsChannel reports. The firm owned 8,304 shares of the company’s stock after buying an additional 348 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Vanguard Utilities ETF were worth $1,138,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in Vanguard Utilities ETF by 214.3% during the third quarter. Envestnet Asset Management Inc. now owns 715,642 shares of the company’s stock valued at $91,273,000 after acquiring an additional 487,927 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of Vanguard Utilities ETF by 3,923.6% during the 4th quarter. International Assets Investment Management LLC now owns 381,877 shares of the company’s stock worth $52,344,000 after purchasing an additional 372,386 shares during the period. Atria Wealth Solutions Inc. raised its holdings in Vanguard Utilities ETF by 97.4% in the 3rd quarter. Atria Wealth Solutions Inc. now owns 82,546 shares of the company’s stock valued at $10,585,000 after acquiring an additional 40,731 shares in the last quarter. Atria Investments Inc bought a new position in Vanguard Utilities ETF in the third quarter worth $5,038,000. Finally, Chevy Chase Trust Holdings LLC acquired a new stake in shares of Vanguard Utilities ETF during the 4th quarter valued at about $5,262,000.

Vanguard Utilities ETF Trading Up 0.9 %

NYSEARCA:VPU traded up $1.35 during mid-day trading on Wednesday, hitting $152.39. The company’s stock had a trading volume of 232,865 shares, compared to its average volume of 221,759. The stock has a fifty day moving average of $140.79 and a 200-day moving average of $136.32. The company has a market capitalization of $5.49 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56. Vanguard Utilities ETF has a fifty-two week low of $118.81 and a fifty-two week high of $152.55.

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).