Vanguard Utilities ETF (NYSEARCA:VPU) Position Increased by Silverlake Wealth Management LLC

Silverlake Wealth Management LLC lifted its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 8.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 4,289 shares of the company’s stock after purchasing an additional 341 shares during the quarter. Silverlake Wealth Management LLC’s holdings in Vanguard Utilities ETF were worth $747,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GLOBALT Investments LLC GA acquired a new stake in Vanguard Utilities ETF in the fourth quarter worth $451,000. Novak & Powell Financial Services Inc. bought a new position in shares of Vanguard Utilities ETF during the fourth quarter worth about $772,000. American Trust increased its holdings in shares of Vanguard Utilities ETF by 5.1% in the 4th quarter. American Trust now owns 2,757 shares of the company’s stock worth $378,000 after acquiring an additional 135 shares during the period. MONECO Advisors LLC bought a new stake in Vanguard Utilities ETF in the 4th quarter valued at about $241,000. Finally, B. Riley Wealth Advisors Inc. boosted its stake in Vanguard Utilities ETF by 10.0% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 17,004 shares of the company’s stock valued at $2,331,000 after purchasing an additional 1,542 shares during the period.

Vanguard Utilities ETF Stock Up 0.9 %

NYSEARCA VPU traded up $1.56 on Friday, hitting $170.71. The stock had a trading volume of 94,584 shares, compared to its average volume of 200,824. The company’s 50-day moving average is $166.52 and its two-hundred day moving average is $155.41. Vanguard Utilities ETF has a one year low of $123.31 and a one year high of $176.35. The stock has a market cap of $6.15 billion, a price-to-earnings 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).