Vanguard Utilities ETF (NYSEARCA:VPU) Sees Unusually-High Trading Volume – Here’s Why

Vanguard Utilities ETF (NYSEARCA:VPU) shares saw strong trading volume on Tuesday . 574,318 shares were traded during mid-day trading, an increase of 187% from the previous session’s volume of 200,059 shares.The stock last traded at $174.45 and had previously closed at $174.43.

Vanguard Utilities ETF Stock Up 0.2%

The company’s 50-day moving average is $171.17 and its 200-day moving average is $169.78. The stock has a market cap of $10.33 billion, a price-to-earnings ratio of 20.93 and a beta of 0.60.

Institutional Trading of Vanguard Utilities ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Utilities ETF in the 1st quarter valued at $25,000. Citizens National Bank Trust Department bought a new stake in shares of Vanguard Utilities ETF during the first quarter worth approximately $26,000. NBC Securities Inc. bought a new stake in Vanguard Utilities ETF in the 1st quarter valued at $27,000. von Borstel & Associates Inc. acquired a new position in shares of Vanguard Utilities ETF in the first quarter valued at about $28,000. Finally, Golden State Wealth Management LLC bought a new position in shares of Vanguard Utilities ETF during the fourth quarter worth approximately $28,000.

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).