AdvisorNet Financial Inc Boosts Stock Holdings in Vanguard Utilities ETF $VPU

AdvisorNet Financial Inc boosted its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 22.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 335 shares of the company’s stock after purchasing an additional 61 shares during the period. AdvisorNet Financial Inc’s holdings in Vanguard Utilities ETF were worth $59,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. TIAA Trust National Association lifted its stake in shares of Vanguard Utilities ETF by 2,023.8% during the 1st quarter. TIAA Trust National Association now owns 96,441 shares of the company’s stock worth $16,473,000 after purchasing an additional 91,900 shares during the period. GAMMA Investing LLC grew its stake in shares of Vanguard Utilities ETF by 16,981.1% during the first quarter. GAMMA Investing LLC now owns 67,812 shares of the company’s stock valued at $11,583,000 after acquiring an additional 67,415 shares in the last quarter. Nan Shan Life Insurance Co. Ltd. increased its holdings in Vanguard Utilities ETF by 166.4% during the 1st quarter. Nan Shan Life Insurance Co. Ltd. now owns 103,880 shares of the company’s stock worth $17,744,000 after purchasing an additional 64,880 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Utilities ETF by 8.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 611,050 shares of the company’s stock valued at $104,373,000 after acquiring an additional 46,436 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Vanguard Utilities ETF by 18.0% in the first quarter. Ameriprise Financial Inc. now owns 263,041 shares of the company’s stock worth $44,935,000 after purchasing an additional 40,035 shares in the last quarter.

Vanguard Utilities ETF Trading Up 1.4%

NYSEARCA:VPU opened at $188.25 on Friday. Vanguard Utilities ETF has a 52 week low of $154.00 and a 52 week high of $189.30. The firm has a market capitalization of $7.50 billion, a PE ratio of 20.60 and a beta of 0.54. The stock has a 50 day moving average of $184.38 and a 200-day moving average of $176.64.

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).