Vanguard Utilities ETF (NYSEARCA:VPU) Stock Position Decreased by Asset Dedication LLC

Asset Dedication LLC trimmed its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 20.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,299 shares of the company’s stock after selling 1,369 shares during the quarter. Asset Dedication LLC’s holdings in Vanguard Utilities ETF were worth $922,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in VPU. Beacon Capital Management Inc. lifted its stake in Vanguard Utilities ETF by 2,772.3% in the first quarter. Beacon Capital Management Inc. now owns 1,169,917 shares of the company’s stock valued at $165,871,000 after acquiring an additional 1,129,186 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard Utilities ETF by 106.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,058,334 shares of the company’s stock valued at $156,549,000 after purchasing an additional 545,178 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Vanguard Utilities ETF by 846.2% in the first quarter. Cetera Investment Advisers now owns 198,388 shares of the company’s stock worth $28,286,000 after purchasing an additional 177,422 shares in the last quarter. Cetera Advisors LLC increased its position in Vanguard Utilities ETF by 750.6% during the first quarter. Cetera Advisors LLC now owns 81,534 shares of the company’s stock worth $11,625,000 after buying an additional 71,949 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in Vanguard Utilities ETF by 2,878.6% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 52,691 shares of the company’s stock valued at $7,513,000 after buying an additional 50,922 shares in the last quarter.

Vanguard Utilities ETF Price Performance

Shares of NYSEARCA:VPU opened at $177.08 on Thursday. The stock has a market capitalization of $6.37 billion, a P/E ratio of 20.65 and a beta of 0.56. The business has a 50-day moving average of $167.71 and a two-hundred day moving average of $156.43. Vanguard Utilities ETF has a fifty-two week low of $123.31 and a fifty-two week high of $177.35.

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).