Concurrent Investment Advisors LLC Sells 63 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

Concurrent Investment Advisors LLC reduced its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 4.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,389 shares of the company’s stock after selling 63 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard Utilities ETF were worth $227,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. LPL Financial LLC raised its holdings in shares of Vanguard Utilities ETF by 4.8% in the third quarter. LPL Financial LLC now owns 614,776 shares of the company’s stock valued at $107,002,000 after acquiring an additional 28,320 shares in the last quarter. Captrust Financial Advisors increased its position in Vanguard Utilities ETF by 31.0% during the 3rd quarter. Captrust Financial Advisors now owns 195,762 shares of the company’s stock valued at $34,072,000 after purchasing an additional 46,299 shares during the period. Strategic Financial Concepts LLC bought a new stake in shares of Vanguard Utilities ETF in the 4th quarter valued at about $20,003,000. Atria Wealth Solutions Inc. raised its holdings in shares of Vanguard Utilities ETF by 6.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 99,156 shares of the company’s stock valued at $16,204,000 after purchasing an additional 5,765 shares in the last quarter. Finally, Stifel Financial Corp lifted its position in shares of Vanguard Utilities ETF by 18.9% in the 3rd quarter. Stifel Financial Corp now owns 75,284 shares of the company’s stock worth $13,103,000 after purchasing an additional 11,961 shares during the period.

Vanguard Utilities ETF Stock Down 0.4 %

Shares of VPU stock opened at $171.95 on Wednesday. The firm has a market cap of $10.03 billion, a price-to-earnings ratio of 20.98 and a beta of 0.65. Vanguard Utilities ETF has a 52-week low of $131.10 and a 52-week high of $180.04. The company’s 50 day moving average is $167.40 and its 200 day moving average is $169.13.

Vanguard Utilities ETF 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).