Gray Wealth Management Inc. Raises Stock Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Gray Wealth Management Inc. lifted its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 13.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,289 shares of the company’s stock after buying an additional 995 shares during the quarter. Gray Wealth Management Inc.’s holdings in Vanguard Utilities ETF were worth $1,355,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. The Manufacturers Life Insurance Company purchased a new position in shares of Vanguard Utilities ETF in the third quarter valued at about $623,000. Apollon Wealth Management LLC purchased a new stake in shares of Vanguard Utilities ETF during the fourth quarter worth about $228,000. Park Avenue Securities LLC purchased a new position in Vanguard Utilities ETF in the 4th quarter worth approximately $428,000. Principal Securities Inc. boosted its stake in Vanguard Utilities ETF by 14.3% in the 4th quarter. Principal Securities Inc. now owns 4,795 shares of the company’s stock worth $784,000 after purchasing an additional 600 shares during the period. Finally, IFP Advisors Inc grew its holdings in Vanguard Utilities ETF by 50.1% during the 4th quarter. IFP Advisors Inc now owns 914 shares of the company’s stock valued at $149,000 after buying an additional 305 shares in the last quarter.

Vanguard Utilities ETF Stock Performance

VPU stock opened at $170.80 on Monday. Vanguard Utilities ETF has a one year low of $135.67 and a one year high of $180.04. The company’s fifty day moving average price is $168.84 and its 200-day moving average price is $169.85. The company has a market capitalization of $9.97 billion, a PE ratio of 20.64 and a beta of 0.61.

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).