Envestnet Portfolio Solutions Inc. Cuts Position in Vanguard Utilities ETF $VPU

Envestnet Portfolio Solutions Inc. lowered its position in Vanguard Utilities ETF (NYSEARCA:VPUFree Report) by 25.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,550 shares of the company’s stock after selling 11,492 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.08% of Vanguard Utilities ETF worth $5,922,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in VPU. Safe Harbor Fiduciary LLC purchased a new position in shares of Vanguard Utilities ETF in the first quarter valued at $25,000. Citizens National Bank Trust Department purchased a new position in shares of Vanguard Utilities ETF in the first quarter valued at $26,000. von Borstel & Associates Inc. purchased a new position in shares of Vanguard Utilities ETF in the first quarter valued at $28,000. Morton Brown Family Wealth LLC purchased a new position in shares of Vanguard Utilities ETF in the first quarter valued at $32,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA purchased a new position in shares of Vanguard Utilities ETF in the second quarter valued at $33,000.

Vanguard Utilities ETF Stock Up 0.9%

Shares of VPU stock opened at $198.99 on Wednesday. The stock has a market cap of $8.12 billion, a P/E ratio of 20.60 and a beta of 0.54. Vanguard Utilities ETF has a fifty-two week low of $154.00 and a fifty-two week high of $199.66. The business has a fifty day simple moving average of $186.82 and a 200-day simple moving average of $178.74.

Vanguard Utilities ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for Vanguard Utilities ETF (NYSEARCA:VPU)

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