Vanguard Utilities ETF (NYSEARCA:VPU) Position Raised by Richmond Brothers Inc.

Richmond Brothers Inc. lifted its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 3.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,775 shares of the company’s stock after buying an additional 1,641 shares during the period. Vanguard Utilities ETF makes up 5.2% of Richmond Brothers Inc.’s portfolio, making the stock its 7th biggest position. Richmond Brothers Inc. owned about 0.08% of Vanguard Utilities ETF worth $8,160,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VPU. Cable Hill Partners LLC bought a new stake in shares of Vanguard Utilities ETF during the 1st quarter valued at about $328,000. Wealthfront Advisers LLC grew its stake in shares of Vanguard Utilities ETF by 4.4% during the 1st quarter. Wealthfront Advisers LLC now owns 6,114 shares of the company’s stock valued at $1,044,000 after purchasing an additional 256 shares during the period. Apollon Financial LLC grew its stake in shares of Vanguard Utilities ETF by 12.6% during the 1st quarter. Apollon Financial LLC now owns 18,166 shares of the company’s stock valued at $3,103,000 after purchasing an additional 2,035 shares during the period. Sigma Planning Corp grew its stake in shares of Vanguard Utilities ETF by 35.6% during the 1st quarter. Sigma Planning Corp now owns 17,121 shares of the company’s stock valued at $2,924,000 after purchasing an additional 4,495 shares during the period. Finally, Seamount Financial Group Inc. grew its stake in shares of Vanguard Utilities ETF by 3.7% during the 1st quarter. Seamount Financial Group Inc. now owns 3,556 shares of the company’s stock valued at $607,000 after purchasing an additional 126 shares during the period.

Vanguard Utilities ETF Stock Down 1.0%

Vanguard Utilities ETF stock opened at $177.11 on Wednesday. The business has a 50-day simple moving average of $175.72 and a two-hundred day simple moving average of $170.94. The company has a market cap of $7.03 billion, a P/E ratio of 20.60 and a beta of 0.54. Vanguard Utilities ETF has a 52-week low of $151.52 and a 52-week high of $180.04.

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).