Vanguard Utilities ETF $VPU Stock Position Cut by Modera Wealth Management LLC

Modera Wealth Management LLC trimmed its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 99.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,220 shares of the company’s stock after selling 354,966 shares during the period. Modera Wealth Management LLC’s holdings in Vanguard Utilities ETF were worth $380,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VPU. Lodestone Wealth Management LLC bought a new stake in Vanguard Utilities ETF during the 3rd quarter valued at about $31,000. Van Den Berg Management I Inc. purchased a new position in Vanguard Utilities ETF in the first quarter worth about $32,000. John Boyer Inc. bought a new position in shares of Vanguard Utilities ETF in the third quarter worth approximately $37,000. NORTHSTAR ASSET MANAGEMENT Co bought a new position in shares of Vanguard Utilities ETF in the third quarter worth approximately $41,000. Finally, Main Street Group LTD bought a new position in shares of Vanguard Utilities ETF in the first quarter worth approximately $49,000.

Vanguard Utilities ETF Stock Down 0.5%

NYSEARCA:VPU opened at $187.63 on Wednesday. The stock has a market cap of $8.43 billion, a price-to-earnings ratio of 20.60 and a beta of 0.55. The company’s 50 day moving average price is $180.81 and its 200-day moving average price is $191.60. Vanguard Utilities ETF has a 52 week low of $169.37 and a 52 week 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.