Truist Financial Corp Boosts Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Truist Financial Corp boosted its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 7.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 60,198 shares of the company’s stock after acquiring an additional 3,947 shares during the quarter. Truist Financial Corp’s holdings in Vanguard Utilities ETF were worth $8,251,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VPU. Cedar Wealth Management LLC grew its holdings in Vanguard Utilities ETF by 255.0% during the third quarter. Cedar Wealth Management LLC now owns 284 shares of the company’s stock valued at $36,000 after purchasing an additional 204 shares during the period. NBC Securities Inc. bought a new stake in Vanguard Utilities ETF during the third quarter valued at about $51,000. Ramirez Asset Management Inc. bought a new stake in Vanguard Utilities ETF during the third quarter valued at about $54,000. EverSource Wealth Advisors LLC grew its holdings in Vanguard Utilities ETF by 250.0% during the third quarter. EverSource Wealth Advisors LLC now owns 483 shares of the company’s stock valued at $62,000 after purchasing an additional 345 shares during the period. Finally, ORG Partners LLC grew its holdings in Vanguard Utilities ETF by 100.0% during the fourth quarter. ORG Partners LLC now owns 550 shares of the company’s stock valued at $75,000 after purchasing an additional 275 shares during the period.

Vanguard Utilities ETF Stock Up 0.9 %

NYSEARCA VPU opened at $148.83 on Friday. Vanguard Utilities ETF has a twelve month low of $118.81 and a twelve month high of $150.93. The business has a 50-day moving average price of $140.08 and a 200-day moving average price of $135.87. The firm has a market cap of $5.36 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56.

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).