PFG Advisors lessened its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 3.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 11,723 shares of the company’s stock after selling 455 shares during the quarter. PFG Advisors’ holdings in Vanguard Utilities ETF were worth $1,565,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the business. Ausdal Financial Partners Inc. acquired a new stake in Vanguard Utilities ETF during the 2nd quarter valued at approximately $217,000. National Asset Management Inc. acquired a new stake in shares of Vanguard Utilities ETF during the 2nd quarter worth approximately $627,000. Parallel Advisors LLC grew its position in shares of Vanguard Utilities ETF by 85.2% during the 2nd quarter. Parallel Advisors LLC now owns 1,013 shares of the company’s stock worth $135,000 after buying an additional 466 shares during the period. GWM Advisors LLC grew its position in shares of Vanguard Utilities ETF by 6.5% during the 2nd quarter. GWM Advisors LLC now owns 1,978 shares of the company’s stock worth $263,000 after buying an additional 121 shares during the period. Finally, Institute for Wealth Management LLC. grew its position in shares of Vanguard Utilities ETF by 20.3% during the 2nd quarter. Institute for Wealth Management LLC. now owns 8,858 shares of the company’s stock worth $1,178,000 after buying an additional 1,496 shares during the period.
Shares of VPU stock traded up $0.60 during trading hours on Wednesday, hitting $137.68. 1,929 shares of the company were exchanged, compared to its average volume of 193,577. Vanguard Utilities ETF has a fifty-two week low of $113.06 and a fifty-two week high of $137.77. The company has a 50 day simple moving average of $134.61 and a two-hundred day simple moving average of $130.64.
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).
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