Focus Financial Network Inc. Trims Stock Holdings in Vanguard Utilities ETF $VPU

Focus Financial Network Inc. cut its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 66.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,232 shares of the company’s stock after selling 4,459 shares during the period. Focus Financial Network Inc.’s holdings in Vanguard Utilities ETF were worth $423,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of VPU. Safe Harbor Fiduciary LLC purchased a new stake in Vanguard Utilities ETF during the 1st quarter valued at approximately $25,000. Global Wealth Strategies & Associates purchased a new position in Vanguard Utilities ETF in the third quarter valued at about $31,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in shares of Vanguard Utilities ETF during the 2nd quarter valued at approximately $33,000. Maseco LLP acquired a new stake in shares of Vanguard Utilities ETF during the 2nd quarter valued at approximately $34,000. Finally, Nova Wealth Management Inc. purchased a new stake in shares of Vanguard Utilities ETF during the 1st quarter worth approximately $43,000.

Vanguard Utilities ETF Price Performance

VPU opened at $184.46 on Tuesday. Vanguard Utilities ETF has a 1-year low of $154.00 and a 1-year high of $203.15. The stock has a market cap of $7.53 billion, a P/E ratio of 20.60 and a beta of 0.61. The stock’s 50 day simple moving average is $192.35 and its 200 day simple moving average is $186.16.

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). 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.