Perritt Capital Management Inc. grew its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 5.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,097 shares of the company’s stock after buying an additional 1,267 shares during the quarter. Vanguard Utilities ETF accounts for about 1.2% of Perritt Capital Management Inc.’s investment portfolio, making the stock its 14th biggest holding. Perritt Capital Management Inc. owned about 0.08% of Vanguard Utilities ETF worth $3,070,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Relative Value Partners Group LLC lifted its holdings in shares of Vanguard Utilities ETF by 3.1% in the first quarter. Relative Value Partners Group LLC now owns 3,360 shares of the company’s stock valued at $435,000 after purchasing an additional 100 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its position in Vanguard Utilities ETF by 10.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,277 shares of the company’s stock worth $170,000 after acquiring an additional 120 shares during the last quarter. GWM Advisors LLC boosted its position in 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 acquiring an additional 121 shares during the last quarter. Waldron Private Wealth LLC grew its stake in shares of Vanguard Utilities ETF by 6.3% during the 2nd quarter. Waldron Private Wealth LLC now owns 2,635 shares of the company’s stock worth $350,000 after acquiring an additional 155 shares in the last quarter. Finally, Liberty Wealth Management LLC bought a new position in shares of Vanguard Utilities ETF during the 2nd quarter worth approximately $26,000.
Shares of NYSEARCA VPU traded up $1.26 during midday trading on Wednesday, reaching $140.13. The company’s stock had a trading volume of 11,401 shares, compared to its average volume of 190,855. The stock has a 50 day simple moving average of $136.24 and a 200-day simple moving average of $132.22. Vanguard Utilities ETF has a fifty-two week low of $113.06 and a fifty-two week high of $142.00.
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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