Vanguard Utilities ETF (NYSEARCA:VPU) Sees Large Drop in Short Interest

Vanguard Utilities ETF (NYSEARCA:VPU) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 66,909 shares, a decrease of 33.5% from the July 30th total of 100,650 shares. Based on an average trading volume of 322,756 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Jessup Wealth Management Inc acquired a new position in shares of Vanguard Utilities ETF in the fourth quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. acquired a new stake in Vanguard Utilities ETF during the 4th quarter worth approximately $28,000. Van Den Berg Management I Inc. purchased a new position in Vanguard Utilities ETF in the 1st quarter valued at approximately $32,000. Kohmann Bosshard Financial Services LLC boosted its position in Vanguard Utilities ETF by 905.9% in the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 171 shares of the company’s stock valued at $34,000 after buying an additional 154 shares during the period. Finally, Imprint Wealth LLC acquired a new position in shares of Vanguard Utilities ETF in the third quarter worth $38,000.

Vanguard Utilities ETF Price Performance

Shares of Vanguard Utilities ETF stock opened at $184.65 on Thursday. The stock has a market capitalization of $8.17 billion, a price-to-earnings ratio of 20.60 and a beta of 0.59. The business has a 50-day moving average of $192.51 and a 200 day moving average of $195.77. Vanguard Utilities ETF has a 12 month low of $178.51 and a 12 month high of $206.10.

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.