Belpointe Asset Management LLC Takes $372,000 Position in Vanguard Utilities ETF $VPU

Belpointe Asset Management LLC purchased a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) during the first quarter, according to its most recent 13F filing with the SEC. The firm purchased 2,179 shares of the company’s stock, valued at approximately $372,000.

A number of other institutional investors have also modified their holdings of the company. Sharper & Granite LLC boosted its holdings in shares of Vanguard Utilities ETF by 0.6% in the 1st quarter. Sharper & Granite LLC now owns 10,595 shares of the company’s stock valued at $1,810,000 after buying an additional 65 shares in the last quarter. Rothschild Investment LLC boosted its stake in Vanguard Utilities ETF by 1.8% in the 1st quarter. Rothschild Investment LLC now owns 4,490 shares of the company’s stock worth $767,000 after purchasing an additional 79 shares in the last quarter. Kovack Advisors Inc. boosted its stake in Vanguard Utilities ETF by 3.4% in the 1st quarter. Kovack Advisors Inc. now owns 2,491 shares of the company’s stock worth $426,000 after purchasing an additional 81 shares in the last quarter. First Bancorp Inc ME boosted its stake in Vanguard Utilities ETF by 1.5% in the 1st quarter. First Bancorp Inc ME now owns 5,639 shares of the company’s stock worth $963,000 after purchasing an additional 82 shares in the last quarter. Finally, Piscataqua Savings Bank boosted its stake in Vanguard Utilities ETF by 1.5% in the 1st quarter. Piscataqua Savings Bank now owns 6,184 shares of the company’s stock worth $1,056,000 after purchasing an additional 93 shares in the last quarter.

Vanguard Utilities ETF Stock Up 0.5%

VPU stock opened at $185.17 on Monday. The firm has a 50 day moving average of $182.85 and a 200 day moving average of $175.57. The stock has a market capitalization of $7.38 billion, a PE ratio of 20.60 and a beta of 0.54. Vanguard Utilities ETF has a 52 week low of $154.00 and a 52 week high of $189.30.

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).