Fifth Third Securities Inc. Sells 2,939 Shares of Vanguard Utilities ETF $VPU

Fifth Third Securities Inc. cut its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 19.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,812 shares of the company’s stock after selling 2,939 shares during the period. Fifth Third Securities Inc.’s holdings in Vanguard Utilities ETF were worth $2,237,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VPU. Bank of America Corp DE boosted its holdings in shares of Vanguard Utilities ETF by 5.7% in the 2nd quarter. Bank of America Corp DE now owns 974,255 shares of the company’s stock worth $171,966,000 after acquiring an additional 52,880 shares in the last quarter. Beacon Capital Management Inc. raised its position in Vanguard Utilities ETF by 178.2% in the 2nd quarter. Beacon Capital Management Inc. now owns 737,018 shares of the company’s stock valued at $130,091,000 after purchasing an additional 472,113 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Utilities ETF by 5.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 645,724 shares of the company’s stock worth $113,977,000 after purchasing an additional 34,674 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Vanguard Utilities ETF by 8.3% during the second quarter. Ameriprise Financial Inc. now owns 284,776 shares of the company’s stock worth $50,315,000 after purchasing an additional 21,735 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of Vanguard Utilities ETF by 39,275.4% during the second quarter. Laurel Wealth Advisors LLC now owns 255,940 shares of the company’s stock worth $45,176,000 after purchasing an additional 255,290 shares during the last quarter.

Vanguard Utilities ETF Stock Performance

Shares of NYSEARCA:VPU opened at $183.50 on Monday. The business has a fifty day moving average of $192.61 and a 200-day moving average of $186.09. Vanguard Utilities ETF has a twelve month low of $154.00 and a twelve month high of $203.15. The firm has a market cap of $7.49 billion, a PE 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). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.