North Forty Two & Co. Makes New $1.03 Million Investment in Vanguard Utilities ETF (NYSEARCA:VPU)

North Forty Two & Co. acquired a new position in Vanguard Utilities ETF (NYSEARCA:VPU) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,275 shares of the company’s stock, valued at approximately $1,025,000. Vanguard Utilities ETF comprises 1.2% of North Forty Two & Co.’s investment portfolio, making the stock its 26th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Utilities ETF in the fourth quarter worth approximately $28,000. Twin Lakes Capital Management LLC purchased a new stake in shares of Vanguard Utilities ETF in the third quarter worth approximately $30,000. Beaird Harris Wealth Management LLC purchased a new stake in shares of Vanguard Utilities ETF in the third quarter worth approximately $32,000. Hopwood Financial Services Inc. purchased a new stake in shares of Vanguard Utilities ETF in the fourth quarter worth approximately $50,000. Finally, Signaturefd LLC raised its stake in shares of Vanguard Utilities ETF by 45.7% in the fourth quarter. Signaturefd LLC now owns 338 shares of the company’s stock worth $55,000 after purchasing an additional 106 shares during the last quarter.

Vanguard Utilities ETF Stock Down 0.7 %

Shares of Vanguard Utilities ETF stock opened at $170.42 on Wednesday. The company has a market cap of $9.94 billion, a PE ratio of 20.64 and a beta of 0.61. Vanguard Utilities ETF has a 52 week low of $135.67 and a 52 week high of $180.04. The business has a 50 day moving average price of $169.11 and a 200-day moving average price of $169.94.

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).