Fifth Third Securities Inc. Sells 5,721 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

Fifth Third Securities Inc. lessened its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 25.4% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,787 shares of the company’s stock after selling 5,721 shares during the quarter. Fifth Third Securities Inc.’s holdings in Vanguard Utilities ETF were worth $2,393,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VPU. Stifel Financial Corp boosted its holdings in Vanguard Utilities ETF by 12.4% during the 3rd quarter. Stifel Financial Corp now owns 41,069 shares of the company’s stock worth $5,238,000 after acquiring an additional 4,533 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in Vanguard Utilities ETF by 9.6% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 41,464 shares of the company’s stock worth $5,288,000 after purchasing an additional 3,641 shares in the last quarter. Ramirez Asset Management Inc. purchased a new stake in Vanguard Utilities ETF in the 3rd quarter valued at about $54,000. Essex Financial Services Inc. lifted its position in shares of Vanguard Utilities ETF by 6.0% during the 3rd quarter. Essex Financial Services Inc. now owns 3,661 shares of the company’s stock worth $467,000 after buying an additional 206 shares in the last quarter. Finally, Advisors Capital Management LLC boosted its stake in shares of Vanguard Utilities ETF by 25.1% in the 3rd quarter. Advisors Capital Management LLC now owns 3,095 shares of the company’s stock worth $395,000 after buying an additional 620 shares during the last quarter.

Vanguard Utilities ETF Price Performance

Shares of NYSEARCA:VPU opened at $146.66 on Tuesday. The business has a fifty day moving average price of $151.77 and a two-hundred day moving average price of $141.80. The company has a market capitalization of $5.28 billion, a PE ratio of 20.65 and a beta of 0.56. Vanguard Utilities ETF has a 1 year low of $118.81 and a 1 year high of $158.07.

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).