Exchange Traded Concepts LLC Purchases 6,538 Shares of Vanguard Utilities ETF $VPU

Exchange Traded Concepts LLC boosted its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 21.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 36,987 shares of the company’s stock after buying an additional 6,538 shares during the period. Exchange Traded Concepts LLC owned 0.09% of Vanguard Utilities ETF worth $6,844,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Bank of America Corp DE boosted its stake in shares of Vanguard Utilities ETF by 3.3% in the third quarter. Bank of America Corp DE now owns 1,006,256 shares of the company’s stock worth $190,595,000 after acquiring an additional 32,001 shares during the period. Beacon Capital Management Inc. raised its stake in Vanguard Utilities ETF by 178.2% during 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 period. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Utilities ETF by 2.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 658,484 shares of the company’s stock valued at $124,723,000 after purchasing an additional 12,760 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Vanguard Utilities ETF by 1.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 518,389 shares of the company’s stock worth $98,188,000 after purchasing an additional 6,888 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Vanguard Utilities ETF by 4.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 297,342 shares of the company’s stock worth $56,385,000 after purchasing an additional 12,566 shares in the last quarter.

Vanguard Utilities ETF Price Performance

VPU stock opened at $196.88 on Monday. Vanguard Utilities ETF has a 1-year low of $154.00 and a 1-year high of $206.10. The business has a 50 day simple moving average of $196.00 and a two-hundred day simple moving average of $192.27. The company has a market capitalization of $8.37 billion, a price-to-earnings ratio of 20.60 and a beta of 0.61.

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). 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.