Praetorian Wealth Management Inc. Raises Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Praetorian Wealth Management Inc. raised its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 26.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,593 shares of the company’s stock after purchasing an additional 335 shares during the period. Praetorian Wealth Management Inc.’s holdings in Vanguard Utilities ETF were worth $272,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VPU. NBC Securities Inc. purchased a new position in shares of Vanguard Utilities ETF in the 1st quarter worth $27,000. Ritter Daniher Financial Advisory LLC DE purchased a new position in shares of Vanguard Utilities ETF in the 4th quarter worth $29,000. Brown Brothers Harriman & Co. purchased a new position in shares of Vanguard Utilities ETF in the 4th quarter worth $36,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of Vanguard Utilities ETF in the 4th quarter worth $40,000. Finally, Hurley Capital LLC purchased a new position in shares of Vanguard Utilities ETF in the 4th quarter worth $43,000.

Vanguard Utilities ETF Price Performance

VPU stock opened at $176.05 on Friday. The company has a market cap of $10.41 billion, a P/E ratio of 20.93 and a beta of 0.60. Vanguard Utilities ETF has a 1 year low of $146.45 and a 1 year high of $180.04. The stock’s fifty day moving average price is $172.23 and its 200-day moving average price is $169.84.

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).