Vanguard Utilities ETF (NYSEARCA:VPU) Stock Position Lowered by Asset Dedication LLC

Asset Dedication LLC trimmed its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 20.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,299 shares of the company’s stock after selling 1,369 shares during the period. Asset Dedication LLC’s holdings in Vanguard Utilities ETF were worth $922,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Vanguard Utilities ETF by 63.2% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 775 shares of the company’s stock valued at $135,000 after buying an additional 300 shares in the last quarter. Concourse Financial Group Securities Inc. boosted its position in Vanguard Utilities ETF by 25.2% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 9,624 shares of the company’s stock worth $1,688,000 after acquiring an additional 1,936 shares during the period. Retirement Planning Group LLC grew its stake in Vanguard Utilities ETF by 2.4% during the 3rd quarter. Retirement Planning Group LLC now owns 2,996 shares of the company’s stock valued at $522,000 after acquiring an additional 71 shares in the last quarter. Silverlake Wealth Management LLC increased its holdings in shares of Vanguard Utilities ETF by 8.6% in the 3rd quarter. Silverlake Wealth Management LLC now owns 4,289 shares of the company’s stock valued at $747,000 after purchasing an additional 341 shares during the period. Finally, Pacific Sun Financial Corp purchased a new stake in shares of Vanguard Utilities ETF in the third quarter worth approximately $207,000.

Vanguard Utilities ETF Stock Performance

Shares of VPU opened at $177.08 on Thursday. The company has a market capitalization of $6.37 billion, a PE ratio of 20.65 and a beta of 0.56. The company’s 50 day moving average price is $167.71 and its 200 day moving average price is $156.43. Vanguard Utilities ETF has a 52 week low of $123.31 and a 52 week high of $177.35.

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).