Dynamic Advisor Solutions LLC Takes Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Dynamic Advisor Solutions LLC acquired a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,349 shares of the company’s stock, valued at approximately $230,000.

A number of other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC grew 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 valued at $748,938,000 after purchasing an additional 4,578,013 shares during the period. Bank of America Corp DE grew its holdings in Vanguard Utilities ETF by 38.4% in the fourth quarter. Bank of America Corp DE now owns 982,880 shares of the company’s stock valued at $160,622,000 after purchasing an additional 272,625 shares during the period. Raymond James Financial Inc. purchased a new stake in Vanguard Utilities ETF in the fourth quarter valued at approximately $24,659,000. Two Sigma Investments LP purchased a new stake in Vanguard Utilities ETF in the fourth quarter valued at approximately $17,502,000. Finally, Castlekeep Investment Advisors LLC purchased a new stake in Vanguard Utilities ETF in the fourth quarter valued at approximately $14,608,000.

Vanguard Utilities ETF Stock Performance

Vanguard Utilities ETF stock opened at $174.46 on Friday. Vanguard Utilities ETF has a 1 year low of $146.45 and a 1 year high of $180.04. The firm has a 50 day moving average price of $173.17 and a 200 day moving average price of $169.74. The company has a market cap of $10.32 billion, a price-to-earnings ratio of 20.93 and a beta of 0.60.

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).