Vanguard Utilities ETF (NYSEARCA:VPU) Sets New 12-Month High – Here’s Why

Vanguard Utilities ETF (NYSEARCA:VPU)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $203.56 and last traded at $203.5540, with a volume of 223744 shares changing hands. The stock had previously closed at $201.69.

Vanguard Utilities ETF Trading Up 0.9%

The firm has a 50-day simple moving average of $188.73 and a two-hundred day simple moving average of $189.43. The company has a market capitalization of $8.65 billion, a price-to-earnings ratio of 20.60 and a beta of 0.61.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Hamilton Wealth LLC boosted its position in Vanguard Utilities ETF by 5.0% in the 4th quarter. Hamilton Wealth LLC now owns 28,581 shares of the company’s stock worth $5,289,000 after purchasing an additional 1,363 shares in the last quarter. Compound Planning Inc. lifted its stake in shares of Vanguard Utilities ETF by 6.4% in the 4th quarter. Compound Planning Inc. now owns 5,135 shares of the company’s stock valued at $950,000 after purchasing an additional 310 shares during the period. Corient Private Wealth LLC lifted its stake in shares of Vanguard Utilities ETF by 486.5% in the 4th quarter. Corient Private Wealth LLC now owns 119,030 shares of the company’s stock valued at $22,025,000 after purchasing an additional 98,735 shares during the period. Jacobs Equity LLC purchased a new stake in Vanguard Utilities ETF during the fourth quarter worth $247,000. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in Vanguard Utilities ETF by 0.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 29,809 shares of the company’s stock worth $5,516,000 after buying an additional 111 shares in the last quarter.

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.