Assetmark Inc. Grows Stock Position in Vanguard Utilities ETF $VPU

Assetmark Inc. boosted its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 9.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,484 shares of the company’s stock after buying an additional 470 shares during the period. Assetmark Inc.’s holdings in Vanguard Utilities ETF were worth $968,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of VPU. Spire Wealth Management boosted its position in shares of Vanguard Utilities ETF by 5.1% in the second quarter. Spire Wealth Management now owns 5,135 shares of the company’s stock worth $906,000 after acquiring an additional 251 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in shares of Vanguard Utilities ETF in the 2nd quarter valued at $228,000. World Investment Advisors grew its stake in shares of Vanguard Utilities ETF by 73.1% during the 2nd quarter. World Investment Advisors now owns 6,174 shares of the company’s stock valued at $1,090,000 after buying an additional 2,607 shares during the period. L.M. Kohn & Company purchased a new stake in shares of Vanguard Utilities ETF during the 2nd quarter valued at $454,000. Finally, Howard Capital Management Inc. acquired a new stake in shares of Vanguard Utilities ETF during the 2nd quarter worth $203,000.

Vanguard Utilities ETF Trading Down 0.5%

Shares of Vanguard Utilities ETF stock opened at $191.85 on Friday. The business’s fifty day moving average price is $190.37 and its 200 day moving average price is $182.28. Vanguard Utilities ETF has a twelve month low of $154.00 and a twelve month high of $203.15. The stock has a market capitalization of $7.83 billion, a P/E ratio of 20.60 and a beta of 0.61.

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).