Parallel Advisors LLC Has $431,000 Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Parallel Advisors LLC lessened its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 11.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,635 shares of the company’s stock after selling 355 shares during the period. Parallel Advisors LLC’s holdings in Vanguard Utilities ETF were worth $431,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VPU. Gray Wealth Management Inc. grew its holdings in shares of Vanguard Utilities ETF by 13.6% during the 4th quarter. Gray Wealth Management Inc. now owns 8,289 shares of the company’s stock worth $1,355,000 after purchasing an additional 995 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in Vanguard Utilities ETF by 715.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 81,825 shares of the company’s stock worth $13,372,000 after buying an additional 71,791 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Vanguard Utilities ETF by 3.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 158,804 shares of the company’s stock worth $25,952,000 after acquiring an additional 5,969 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in shares of Vanguard Utilities ETF by 125.7% during the 4th quarter. Avantax Advisory Services Inc. now owns 43,283 shares of the company’s stock worth $7,073,000 after acquiring an additional 24,105 shares in the last quarter. Finally, Hopwood Financial Services Inc. acquired a new stake in shares of Vanguard Utilities ETF during the 4th quarter worth approximately $50,000.

Vanguard Utilities ETF Trading Down 0.7 %

NYSEARCA VPU opened at $170.39 on Friday. The firm’s 50 day simple moving average is $169.54 and its 200 day simple moving average is $170.00. The firm has a market capitalization of $9.94 billion, a price-to-earnings ratio of 20.64 and a beta of 0.61. Vanguard Utilities ETF has a 1 year low of $135.67 and a 1 year high of $180.04.

Vanguard Utilities ETF 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).