Leavell Investment Management Inc. Cuts Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Leavell Investment Management Inc. cut its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 43.1% during the 4th quarter, Holdings Channel reports. The firm owned 2,500 shares of the company’s stock after selling 1,893 shares during the quarter. Leavell Investment Management Inc.’s holdings in Vanguard Utilities ETF were worth $409,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. purchased a new position in Vanguard Utilities ETF in the third quarter valued at about $451,000. Joule Financial LLC increased its holdings in Vanguard Utilities ETF by 124.3% during the 3rd quarter. Joule Financial LLC now owns 11,851 shares of the company’s stock worth $2,078,000 after acquiring an additional 6,567 shares during the period. Stratos Wealth Advisors LLC increased its holdings in Vanguard Utilities ETF by 10.3% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 24,924 shares of the company’s stock worth $4,338,000 after acquiring an additional 2,331 shares during the period. Capital Investment Advisors LLC bought a new stake in Vanguard Utilities ETF during the 3rd quarter worth approximately $230,000. Finally, Bartlett & CO. Wealth Management LLC increased its holdings in Vanguard Utilities ETF by 2.7% during the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 4,007 shares of the company’s stock worth $703,000 after acquiring an additional 105 shares during the period.

Vanguard Utilities ETF Trading Up 0.2 %

Vanguard Utilities ETF stock opened at $171.48 on Friday. The firm’s 50 day simple moving average is $166.96 and its 200 day simple moving average is $168.28. The firm has a market capitalization of $6.17 billion, a PE ratio of 20.65 and a beta of 0.56. Vanguard Utilities ETF has a 1-year low of $129.54 and a 1-year high of $180.04.

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).