17,040 Vanguard Utilities ETF $VPU Shares Sold by Valley National Advisers Inc.

Valley National Advisers Inc. decreased its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 97.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 500 shares of the company’s stock after selling 17,040 shares during the quarter. Valley National Advisers Inc.’s holdings in Vanguard Utilities ETF were worth $86,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard Utilities ETF Price Performance

VPU opened at $183.95 on Tuesday. The stock has a market capitalization of $8.26 billion, a price-to-earnings ratio of 20.60 and a beta of 0.57. The business has a 50-day moving average of $181.24 and a two-hundred day moving average of $191.56. Vanguard Utilities ETF has a 12 month low of $169.37 and a 12 month high of $206.10.

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). 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.