J.W. Cole Advisors Inc. Reduces Position in Vanguard Utilities ETF (NYSEARCA:VPU)

J.W. Cole Advisors Inc. reduced its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 33.0% during the third quarter, Holdings Channel.com reports. The firm owned 5,080 shares of the company’s stock after selling 2,502 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Vanguard Utilities ETF were worth $884,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of VPU. First Horizon Advisors Inc. grew its stake in shares of Vanguard Utilities ETF by 877.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 557 shares of the company’s stock valued at $82,000 after acquiring an additional 500 shares during the period. Fifth Third Bancorp raised its position in shares of Vanguard Utilities ETF by 0.8% during the 2nd quarter. Fifth Third Bancorp now owns 13,725 shares of the company’s stock valued at $2,030,000 after purchasing an additional 104 shares during the period. MontVue Capital Management Inc. lifted its stake in shares of Vanguard Utilities ETF by 12.8% during the 2nd quarter. MontVue Capital Management Inc. now owns 2,125 shares of the company’s stock valued at $314,000 after buying an additional 241 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in Vanguard Utilities ETF in the 2nd quarter worth $37,000. Finally, Atomi Financial Group Inc. bought a new stake in Vanguard Utilities ETF during the first quarter valued at about $220,000.

Vanguard Utilities ETF Trading Down 2.0 %

Shares of VPU opened at $170.78 on Wednesday. Vanguard Utilities ETF has a 12-month low of $126.18 and a 12-month high of $177.51. The business’s 50 day moving average is $170.26 and its 200 day moving average is $158.65. The company has a market capitalization of $6.15 billion, a PE 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).