Park Avenue Securities LLC Invests $539,000 in Vanguard Utilities ETF $VPU

Park Avenue Securities LLC bought a new position in Vanguard Utilities ETF (NYSEARCA:VPU) during the third quarter, HoldingsChannel reports. The fund bought 2,845 shares of the company’s stock, valued at approximately $539,000.

Several other hedge funds have also bought and sold shares of VPU. Global Wealth Strategies & Associates purchased a new stake in Vanguard Utilities ETF in the third quarter worth about $31,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in shares of Vanguard Utilities ETF during the 2nd quarter valued at approximately $33,000. Maseco LLP purchased a new stake in Vanguard Utilities ETF in the 2nd quarter worth approximately $34,000. Register Financial Advisors LLC purchased a new stake in Vanguard Utilities ETF in the 2nd quarter worth approximately $54,000. Finally, Davis Capital Management bought a new stake in Vanguard Utilities ETF during the 3rd quarter worth approximately $58,000.

Vanguard Utilities ETF Price Performance

Shares of NYSEARCA:VPU opened at $189.71 on Friday. The company has a market capitalization of $8.06 billion, a P/E ratio of 20.60 and a beta of 0.61. Vanguard Utilities ETF has a 1-year low of $154.00 and a 1-year high of $203.15. The firm’s 50 day simple moving average is $188.58 and its two-hundred day simple moving average is $187.29.

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.