New England Private Wealth Advisors LLC boosted its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU – Free Report) by 1,879.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 475,432 shares of the company’s stock after buying an additional 451,410 shares during the quarter. Vanguard Utilities ETF makes up approximately 5.2% of New England Private Wealth Advisors LLC’s portfolio, making the stock its 2nd largest holding. New England Private Wealth Advisors LLC owned about 1.12% of Vanguard Utilities ETF worth $88,749,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in VPU. Brookstone Capital Management lifted its holdings in Vanguard Utilities ETF by 29.1% during the fourth quarter. Brookstone Capital Management now owns 11,529 shares of the company’s stock valued at $2,133,000 after purchasing an additional 2,599 shares during the last quarter. Novak & Powell Financial Services Inc. lifted its holdings in Vanguard Utilities ETF by 291.2% during the third quarter. Novak & Powell Financial Services Inc. now owns 5,954 shares of the company’s stock valued at $1,128,000 after purchasing an additional 4,432 shares during the last quarter. Venturi Wealth Management LLC purchased a new stake in Vanguard Utilities ETF during the fourth quarter valued at about $4,400,000. Vestmark Advisory Solutions Inc. purchased a new stake in Vanguard Utilities ETF during the third quarter valued at about $679,000. Finally, CWM LLC lifted its holdings in Vanguard Utilities ETF by 420.7% during the fourth quarter. CWM LLC now owns 23,499 shares of the company’s stock valued at $4,348,000 after purchasing an additional 18,986 shares during the last quarter.
Vanguard Utilities ETF Stock Up 0.8%
NYSEARCA VPU opened at $196.47 on Friday. The company has a market cap of $8.63 billion, a PE ratio of 20.60 and a beta of 0.62. Vanguard Utilities ETF has a 52 week low of $172.47 and a 52 week high of $206.10. The firm’s 50-day simple moving average is $197.97 and its two-hundred day simple moving average is $193.73.
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). 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.
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