B. Riley Wealth Advisors Inc. Grows Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

B. Riley Wealth Advisors Inc. raised its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 19.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 18,484 shares of the company’s stock after acquiring an additional 3,022 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Vanguard Utilities ETF were worth $2,757,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new position in Vanguard Utilities ETF in the second quarter valued at about $25,000. Register Financial Advisors LLC purchased a new position in Vanguard Utilities ETF in the first quarter valued at about $27,000. Clean Yield Group purchased a new position in Vanguard Utilities ETF in the first quarter valued at about $37,000. Ashton Thomas Private Wealth LLC purchased a new position in Vanguard Utilities ETF in the second quarter valued at about $37,000. Finally, ORG Partners LLC acquired a new stake in shares of Vanguard Utilities ETF during the second quarter valued at about $40,000.

Vanguard Utilities ETF Price Performance

Shares of Vanguard Utilities ETF stock opened at $175.33 on Wednesday. The business has a 50-day moving average of $163.84 and a 200-day moving average of $153.74. The company has a market capitalization of $6.31 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 $175.50.

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).