Vanguard Utilities ETF (NYSEARCA:VPU) Hits New 12-Month Low – Time to Sell?

Vanguard Utilities ETF (NYSEARCA:VPU)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $181.26 and last traded at $181.2140, with a volume of 39292 shares. The stock had previously closed at $183.19.

Vanguard Utilities ETF Stock Down 1.0%

The company has a 50 day simple moving average of $190.89 and a two-hundred day simple moving average of $195.05. The company has a market capitalization of $8.03 billion, a P/E ratio of 20.60 and a beta of 0.58.

Institutional Trading of Vanguard Utilities ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. D.A. Davidson & CO. increased its holdings in shares of Vanguard Utilities ETF by 1.8% in the 1st quarter. D.A. Davidson & CO. now owns 2,825 shares of the company’s stock valued at $560,000 after purchasing an additional 50 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of Vanguard Utilities ETF by 12.1% during the third quarter. Russell Investments Group Ltd. now owns 480 shares of the company’s stock worth $91,000 after purchasing an additional 52 shares during the period. Vivaldi Capital Management LP boosted its holdings in shares of Vanguard Utilities ETF by 4.1% during the third quarter. Vivaldi Capital Management LP now owns 1,352 shares of the company’s stock worth $256,000 after purchasing an additional 53 shares during the period. Diversify Wealth Management LLC grew its position in Vanguard Utilities ETF by 2.9% during the first quarter. Diversify Wealth Management LLC now owns 1,911 shares of the company’s stock valued at $378,000 after purchasing an additional 53 shares in the last quarter. Finally, Advisory Services Network LLC grew its position in Vanguard Utilities ETF by 1.0% during the third quarter. Advisory Services Network LLC now owns 5,679 shares of the company’s stock valued at $1,076,000 after purchasing an additional 54 shares in the last quarter.

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.