Vanguard Utilities ETF (NYSEARCA:VPU) Shares Acquired by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 6.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,313 shares of the company’s stock after buying an additional 74 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Utilities ETF were worth $215,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in VPU. Wealthfront Advisers LLC boosted its holdings in Vanguard Utilities ETF by 93,677.4% in the fourth quarter. Wealthfront Advisers LLC now owns 4,582,900 shares of the company’s stock worth $748,938,000 after purchasing an additional 4,578,013 shares during the period. Raymond James Financial Inc. acquired a new position in Vanguard Utilities ETF in the fourth quarter worth $24,659,000. Strategic Financial Concepts LLC acquired a new position in Vanguard Utilities ETF in the fourth quarter worth $20,003,000. Creative Financial Designs Inc. ADV boosted its holdings in Vanguard Utilities ETF by 715.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 81,825 shares of the company’s stock worth $13,372,000 after purchasing an additional 71,791 shares during the period. Finally, Invst LLC lifted its stake in Vanguard Utilities ETF by 3,335.1% in the third quarter. Invst LLC now owns 49,672 shares of the company’s stock valued at $8,645,000 after buying an additional 48,226 shares during the last quarter.

Vanguard Utilities ETF Stock Performance

VPU stock opened at $170.39 on Friday. The stock has a market capitalization of $9.94 billion, a price-to-earnings ratio of 20.64 and a beta of 0.61. Vanguard Utilities ETF has a 1 year low of $135.67 and a 1 year high of $180.04. The stock’s fifty day moving average is $169.54 and its two-hundred day moving average is $170.04.

Vanguard Utilities ETF Company Profile

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).