Geneos Wealth Management Inc. Sells 7,969 Shares of Vanguard Utilities ETF $VPU

Geneos Wealth Management Inc. reduced its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 78.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,138 shares of the company’s stock after selling 7,969 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Vanguard Utilities ETF were worth $405,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Integrity Alliance LLC. purchased a new stake in shares of Vanguard Utilities ETF in the first quarter valued at about $645,000. Belpointe Asset Management LLC bought a new stake in Vanguard Utilities ETF in the 1st quarter worth about $372,000. Advisors Capital Management LLC increased its stake in Vanguard Utilities ETF by 2.0% in the 1st quarter. Advisors Capital Management LLC now owns 3,907 shares of the company’s stock valued at $668,000 after buying an additional 78 shares during the last quarter. Nova Wealth Management Inc. bought a new position in shares of Vanguard Utilities ETF during the 1st quarter worth approximately $43,000. Finally, Howe & Rusling Inc. boosted its stake in shares of Vanguard Utilities ETF by 210.2% in the 1st quarter. Howe & Rusling Inc. now owns 1,340 shares of the company’s stock worth $229,000 after buying an additional 908 shares during the last quarter.

Vanguard Utilities ETF Stock Up 1.2%

VPU stock opened at $184.95 on Friday. The firm has a market cap of $7.86 billion, a PE ratio of 20.60 and a beta of 0.61. The business has a 50 day moving average of $189.01 and a 200-day moving average of $187.04. Vanguard Utilities ETF has a 12-month low of $154.00 and a 12-month high of $203.15.

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.