Parallel Advisors LLC Has $431,000 Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

Parallel Advisors LLC cut its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 11.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,635 shares of the company’s stock after selling 355 shares during the period. Parallel Advisors LLC’s holdings in Vanguard Utilities ETF were worth $431,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Thrivent Financial for Lutherans increased its holdings in shares of Vanguard Utilities ETF by 16.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 4,449 shares of the company’s stock worth $777,000 after acquiring an additional 619 shares during the last quarter. Avior Wealth Management LLC increased its holdings in shares of Vanguard Utilities ETF by 69.7% in the third quarter. Avior Wealth Management LLC now owns 2,062 shares of the company’s stock valued at $359,000 after purchasing an additional 847 shares during the last quarter. Citizens Financial Group Inc. RI grew its stake in Vanguard Utilities ETF by 9.5% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 1,733 shares of the company’s stock valued at $304,000 after buying an additional 150 shares during the last quarter. LPL Financial LLC grew its stake in Vanguard Utilities ETF by 4.8% in the 3rd quarter. LPL Financial LLC now owns 614,776 shares of the company’s stock valued at $107,002,000 after buying an additional 28,320 shares during the last quarter. Finally, Great Valley Advisor Group Inc. grew its stake in Vanguard Utilities ETF by 11.2% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 1,535 shares of the company’s stock valued at $267,000 after buying an additional 155 shares during the last quarter.

Vanguard Utilities ETF Trading Down 0.7 %

Vanguard Utilities ETF stock opened at $170.39 on Friday. Vanguard Utilities ETF has a 12 month low of $135.67 and a 12 month high of $180.04. The stock’s 50 day moving average is $169.54 and its 200-day moving average is $170.00. The company 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 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).