Strategic Financial Concepts LLC Invests $20 Million in Vanguard Utilities ETF (NYSEARCA:VPU)

Strategic Financial Concepts LLC acquired a new stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 122,402 shares of the company’s stock, valued at approximately $20,003,000.

A number of other large investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in shares of Vanguard Utilities ETF during the 3rd quarter valued at approximately $29,000. Twin Lakes Capital Management LLC acquired a new stake in shares of Vanguard Utilities ETF during the third quarter worth $30,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of Vanguard Utilities ETF during the third quarter worth $32,000. Signaturefd LLC lifted its position in shares of Vanguard Utilities ETF by 64.5% in the 3rd quarter. Signaturefd LLC now owns 232 shares of the company’s stock worth $40,000 after buying an additional 91 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Vanguard Utilities ETF by 4,862.5% in the 4th quarter. GAMMA Investing LLC now owns 397 shares of the company’s stock valued at $65,000 after buying an additional 389 shares during the period.

Vanguard Utilities ETF Stock Down 0.4 %

VPU opened at $168.67 on Friday. The company’s 50-day moving average price is $167.37 and its 200 day moving average price is $167.72. Vanguard Utilities ETF has a fifty-two week low of $128.05 and a fifty-two week high of $180.04. The firm has a market cap of $6.07 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56.

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).