Steel Grove Capital Advisors LLC Takes $647,000 Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Steel Grove Capital Advisors LLC acquired a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,375 shares of the company’s stock, valued at approximately $647,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of VPU. Headlands Technologies LLC acquired a new position in Vanguard Utilities ETF during the second quarter worth approximately $25,000. Register Financial Advisors LLC acquired a new position in Vanguard Utilities ETF during the first quarter worth approximately $27,000. Clean Yield Group acquired a new position in Vanguard Utilities ETF during the first quarter worth approximately $37,000. Ashton Thomas Private Wealth LLC acquired a new position in Vanguard Utilities ETF during the second quarter worth approximately $37,000. Finally, ORG Partners LLC acquired a new position in Vanguard Utilities ETF during the second quarter worth approximately $40,000.

Vanguard Utilities ETF Stock Performance

Shares of VPU stock opened at $172.84 on Monday. Vanguard Utilities ETF has a one year low of $118.81 and a one year high of $173.11. The company has a 50 day moving average price of $161.29 and a 200 day moving average price of $152.24. The firm has a market capitalization of $6.22 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56.

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).