Northwestern Mutual Wealth Management Co. Grows Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 106.2% in the 2nd quarter, Holdings Channel reports. The firm owned 1,058,334 shares of the company’s stock after acquiring an additional 545,178 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Utilities ETF were worth $156,549,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Advisory Services Network LLC raised its holdings in shares of Vanguard Utilities ETF by 32.6% during the 4th quarter. Advisory Services Network LLC now owns 5,743 shares of the company’s stock valued at $787,000 after buying an additional 1,411 shares in the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of Vanguard Utilities ETF by 2.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,536 shares of the company’s stock worth $1,581,000 after acquiring an additional 280 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of Vanguard Utilities ETF by 35.2% in the 4th quarter. Stifel Financial Corp now owns 55,544 shares of the company’s stock worth $7,613,000 after acquiring an additional 14,475 shares during the last quarter. Focus Financial Network Inc. ADV purchased a new stake in shares of Vanguard Utilities ETF in the 4th quarter valued at $293,000. Finally, SWAN Capital LLC grew its holdings in shares of Vanguard Utilities ETF by 43.0% during the 4th quarter. SWAN Capital LLC now owns 11,380 shares of the company’s stock valued at $1,560,000 after purchasing an additional 3,424 shares during the last quarter.

Vanguard Utilities ETF Stock Up 1.0 %

Shares of NYSEARCA:VPU opened at $173.33 on Friday. The stock has a market cap of $6.24 billion, a PE ratio of 20.65 and a beta of 0.56. The company’s fifty day moving average is $163.43 and its 200 day moving average is $153.27. Vanguard Utilities ETF has a 52 week low of $118.81 and a 52 week high of $175.35.

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).