M Holdings Securities Inc. Invests $4.95 Million in Vanguard Utilities ETF $VPU

M Holdings Securities Inc. purchased a new stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 25,273 shares of the company’s stock, valued at approximately $4,947,000. Vanguard Utilities ETF makes up about 0.7% of M Holdings Securities Inc.’s investment portfolio, making the stock its 29th biggest position. M Holdings Securities Inc. owned about 0.06% of Vanguard Utilities ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Western Wealth Management LLC boosted its stake in shares of Vanguard Utilities ETF by 1,008.4% during the 4th quarter. Western Wealth Management LLC now owns 16,028 shares of the company’s stock worth $2,966,000 after acquiring an additional 14,582 shares in the last quarter. Lido Advisors LLC increased its holdings in shares of Vanguard Utilities ETF by 6.1% during the 4th quarter. Lido Advisors LLC now owns 70,379 shares of the company’s stock valued at $13,167,000 after acquiring an additional 4,061 shares during the last quarter. McIlrath & Eck LLC raised its stake in shares of Vanguard Utilities ETF by 21,565.6% in the 4th quarter. McIlrath & Eck LLC now owns 42,248 shares of the company’s stock valued at $7,818,000 after acquiring an additional 42,053 shares in the last quarter. Legacy Financial Group LLC bought a new position in shares of Vanguard Utilities ETF in the 4th quarter valued at approximately $3,868,000. Finally, UBS Group AG raised its stake in shares of Vanguard Utilities ETF by 21.8% in the 4th quarter. UBS Group AG now owns 344,439 shares of the company’s stock valued at $63,735,000 after acquiring an additional 61,687 shares in the last quarter.

Vanguard Utilities ETF Stock Performance

VPU opened at $184.76 on Monday. The firm has a market cap of $8.18 billion, a P/E ratio of 20.60 and a beta of 0.59. The business has a 50 day moving average price of $193.23 and a 200 day moving average price of $195.98. Vanguard Utilities ETF has a twelve month low of $178.51 and a twelve month high of $206.10.

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). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.