WNY Asset Management LLC Takes $314,000 Position in Vanguard Utilities ETF (NYSEARCA:VPU)

WNY Asset Management LLC purchased a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) during the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 2,201 shares of the company’s stock, valued at approximately $314,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Atomi Financial Group Inc. acquired a new position in Vanguard Utilities ETF in the 1st quarter worth $220,000. KCM Investment Advisors LLC grew its stake in Vanguard Utilities ETF by 1.3% during the 1st quarter. KCM Investment Advisors LLC now owns 32,625 shares of the company’s stock valued at $4,652,000 after purchasing an additional 424 shares in the last quarter. Nelson Capital Management LLC increased its holdings in Vanguard Utilities ETF by 16.2% during the 1st quarter. Nelson Capital Management LLC now owns 38,954 shares of the company’s stock worth $5,554,000 after purchasing an additional 5,441 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of Vanguard Utilities ETF by 2,878.6% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 52,691 shares of the company’s stock worth $7,513,000 after buying an additional 50,922 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in Vanguard Utilities ETF by 164.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,969 shares of the company’s stock valued at $423,000 after acquiring an additional 1,848 shares during the last quarter.

Vanguard Utilities ETF Stock Down 2.3 %

Shares of VPU traded down $3.57 during midday trading on Monday, hitting $151.05. The company had a trading volume of 242,214 shares, compared to its average volume of 206,162. The stock has a market cap of $5.44 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56. The company’s 50 day moving average price is $152.51 and its 200 day moving average price is $142.65. Vanguard Utilities ETF has a 52 week low of $118.81 and a 52 week high of $158.07.

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).