D.A. Davidson & CO. Decreases Stake in Vanguard Utilities ETF $VPU

D.A. Davidson & CO. reduced its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 4.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,571 shares of the company’s stock after selling 111 shares during the period. D.A. Davidson & CO.’s holdings in Vanguard Utilities ETF were worth $454,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Pacific Sun Financial Corp purchased a new position in shares of Vanguard Utilities ETF during the second quarter valued at approximately $207,000. Dumont & Blake Investment Advisors LLC increased its stake in shares of Vanguard Utilities ETF by 1.0% during the second quarter. Dumont & Blake Investment Advisors LLC now owns 13,265 shares of the company’s stock valued at $2,341,000 after buying an additional 125 shares during the period. Private Trust Co. NA increased its stake in shares of Vanguard Utilities ETF by 4.4% during the second quarter. Private Trust Co. NA now owns 2,734 shares of the company’s stock valued at $483,000 after buying an additional 115 shares during the period. Harbor Asset Planning Inc. purchased a new position in shares of Vanguard Utilities ETF during the second quarter valued at approximately $322,000. Finally, Mutual Advisors LLC increased its stake in shares of Vanguard Utilities ETF by 92.1% during the second quarter. Mutual Advisors LLC now owns 8,602 shares of the company’s stock valued at $1,571,000 after buying an additional 4,124 shares during the period.

Vanguard Utilities ETF Stock Performance

VPU opened at $195.37 on Thursday. Vanguard Utilities ETF has a 52-week low of $154.00 and a 52-week high of $203.15. The stock has a market capitalization of $7.98 billion, a PE ratio of 20.60 and a beta of 0.61. The stock’s 50 day moving average price is $189.38 and its 200-day moving average price is $181.34.

About Vanguard Utilities ETF

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).