Brookstone Capital Management Has $1.33 Million Stock Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Brookstone Capital Management increased its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 14.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,122 shares of the company’s stock after acquiring an additional 1,028 shares during the quarter. Brookstone Capital Management’s holdings in Vanguard Utilities ETF were worth $1,327,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Utilities ETF by 106.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,058,334 shares of the company’s stock valued at $156,549,000 after buying an additional 545,178 shares during the period. Invst LLC lifted its stake in Vanguard Utilities ETF by 3,335.1% in the third quarter. Invst LLC now owns 49,672 shares of the company’s stock valued at $8,645,000 after buying an additional 48,226 shares during the period. Captrust Financial Advisors lifted its stake in Vanguard Utilities ETF by 31.0% in the third quarter. Captrust Financial Advisors now owns 195,762 shares of the company’s stock valued at $34,072,000 after buying an additional 46,299 shares during the period. L & S Advisors Inc acquired a new position in Vanguard Utilities ETF in the third quarter valued at approximately $6,153,000. Finally, LPL Financial LLC lifted its stake in Vanguard Utilities ETF by 4.8% in the third quarter. LPL Financial LLC now owns 614,776 shares of the company’s stock valued at $107,002,000 after buying an additional 28,320 shares during the period.

Vanguard Utilities ETF Stock Performance

Shares of VPU opened at $165.97 on Thursday. Vanguard Utilities ETF has a 52-week low of $128.05 and a 52-week high of $180.04. The business’s 50 day moving average price is $168.80 and its two-hundred day moving average price is $165.76. The firm has a market cap of $5.97 billion, a PE ratio of 20.65 and a beta of 0.56.

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).