Summit Financial LLC Has $1.02 Million Stock Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Summit Financial LLC boosted its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 5.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,822 shares of the company’s stock after purchasing an additional 325 shares during the period. Summit Financial LLC’s holdings in Vanguard Utilities ETF were worth $1,018,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Davidson Investment Advisors boosted its stake in shares of Vanguard Utilities ETF by 1.7% in the 2nd quarter. Davidson Investment Advisors now owns 108,762 shares of the company’s stock valued at $16,088,000 after purchasing an additional 1,864 shares in the last quarter. Spire Wealth Management boosted its position in Vanguard Utilities ETF by 11.8% in the second quarter. Spire Wealth Management now owns 5,676 shares of the company’s stock valued at $840,000 after buying an additional 600 shares in the last quarter. Banque Cantonale Vaudoise grew its stake in shares of Vanguard Utilities ETF by 87.8% during the second quarter. Banque Cantonale Vaudoise now owns 10,692 shares of the company’s stock worth $1,579,000 after buying an additional 5,000 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of Vanguard Utilities ETF during the second quarter worth $234,000. Finally, Rothschild Investment LLC bought a new position in shares of Vanguard Utilities ETF in the 2nd quarter valued at $626,000.

Vanguard Utilities ETF Stock Up 0.8 %

Shares of VPU stock opened at $165.09 on Tuesday. Vanguard Utilities ETF has a twelve month low of $118.81 and a twelve month high of $165.21. The stock’s fifty day simple moving average is $155.93 and its 200 day simple moving average is $148.67. The firm has a market capitalization of $5.94 billion, a P/E ratio of 20.65 and a beta of 0.56.

Vanguard Utilities ETF Company 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).