Vanguard Utilities ETF (NYSEARCA:VPU) Reaches New 12-Month Low – What’s Next?

Shares of Vanguard Utilities ETF (NYSEARCA:VPU) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $177.97 and last traded at $178.1130, with a volume of 267039 shares traded. The stock had previously closed at $177.98.

Vanguard Utilities ETF Price Performance

The company has a market capitalization of $7.86 billion, a P/E ratio of 20.60 and a beta of 0.58. The firm has a fifty day moving average price of $189.24 and a 200-day moving average price of $194.16.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC increased its position in Vanguard Utilities ETF by 7.0% in the second quarter. Integrated Wealth Concepts LLC now owns 27,728 shares of the company’s stock worth $5,427,000 after buying an additional 1,825 shares during the last quarter. RFG Advisory LLC grew its stake in shares of Vanguard Utilities ETF by 1.6% during the 2nd quarter. RFG Advisory LLC now owns 6,027 shares of the company’s stock worth $1,180,000 after acquiring an additional 94 shares during the period. NewEdge Advisors LLC grew its stake in shares of Vanguard Utilities ETF by 60.9% during the 2nd quarter. NewEdge Advisors LLC now owns 43,979 shares of the company’s stock worth $8,608,000 after acquiring an additional 16,640 shares during the period. IFP Advisors Inc increased its holdings in Vanguard Utilities ETF by 16.3% in the 2nd quarter. IFP Advisors Inc now owns 15,520 shares of the company’s stock worth $3,038,000 after acquiring an additional 2,172 shares during the last quarter. Finally, One Charles Private Wealth Services LLC increased its holdings in Vanguard Utilities ETF by 7.5% in the 2nd quarter. One Charles Private Wealth Services LLC now owns 1,319 shares of the company’s stock worth $258,000 after acquiring an additional 92 shares during the last quarter.

Vanguard Utilities ETF Company 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). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.