Verdence Capital Advisors LLC Makes New Investment in Vanguard Utilities ETF $VPU

Verdence Capital Advisors LLC acquired a new stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,873 shares of the company’s stock, valued at approximately $2,372,000.

Other institutional investors also recently modified their holdings of the company. Hamilton Wealth LLC increased its holdings in Vanguard Utilities ETF by 233.7% in the 1st quarter. Hamilton Wealth LLC now owns 95,361 shares of the company’s stock worth $18,895,000 after buying an additional 66,780 shares in the last quarter. Vestor Capital LLC lifted its stake in Vanguard Utilities ETF by 9,810.0% during the 1st quarter. Vestor Capital LLC now owns 57,478 shares of the company’s stock valued at $11,389,000 after acquiring an additional 56,898 shares during the period. Ameritas Advisory Services LLC lifted its stake in Vanguard Utilities ETF by 47.1% during the 2nd quarter. Ameritas Advisory Services LLC now owns 168,766 shares of the company’s stock valued at $33,033,000 after acquiring an additional 54,051 shares during the period. Nan Shan Life Insurance Co. Ltd. boosted its holdings in shares of Vanguard Utilities ETF by 41.9% during the 2nd quarter. Nan Shan Life Insurance Co. Ltd. now owns 150,369 shares of the company’s stock valued at $29,432,000 after acquiring an additional 44,405 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Vanguard Utilities ETF by 3.8% during the 1st quarter. Bank of America Corp DE now owns 1,042,308 shares of the company’s stock valued at $206,523,000 after acquiring an additional 38,435 shares during the last quarter.

Vanguard Utilities ETF Stock Up 0.7%

Shares of NYSEARCA VPU opened at $185.30 on Wednesday. The firm’s 50-day moving average price is $180.97 and its 200-day moving average price is $191.56. Vanguard Utilities ETF has a 52-week low of $169.37 and a 52-week high of $206.10. The company has a market cap of $8.33 billion, a PE ratio of 20.60 and a beta of 0.57.

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). 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.