178,242 Vanguard Utilities ETF $VPU Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC cut its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 97.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,538 shares of the company’s stock after selling 178,242 shares during the period. Park Avenue Securities LLC’s holdings in Vanguard Utilities ETF were worth $776,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its stake in Vanguard Utilities ETF by 5.5% during the second quarter. Envestnet Asset Management Inc. now owns 509,148 shares of the company’s stock worth $99,656,000 after purchasing an additional 26,347 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Vanguard Utilities ETF by 60.9% during the 2nd quarter. NewEdge Advisors LLC now owns 43,979 shares of the company’s stock valued at $8,608,000 after purchasing an additional 16,640 shares during the last quarter. Nan Shan Life Insurance Co. Ltd. increased its position in shares of Vanguard Utilities ETF by 41.9% during the 2nd quarter. Nan Shan Life Insurance Co. Ltd. now owns 150,369 shares of the company’s stock valued at $29,432,000 after purchasing an additional 44,405 shares during the last quarter. Rathbones Group PLC bought a new position in shares of Vanguard Utilities ETF during the 1st quarter valued at about $644,000. Finally, Hamilton Wealth LLC raised its holdings in shares of Vanguard Utilities ETF by 11.2% during the 1st quarter. Hamilton Wealth LLC now owns 31,787 shares of the company’s stock valued at $6,298,000 after buying an additional 3,206 shares in the last quarter.

Vanguard Utilities ETF Trading Up 0.4%

Shares of NYSEARCA VPU opened at $188.38 on Thursday. The stock’s 50-day moving average is $180.84 and its 200 day moving average is $191.59. The stock has a market cap of $8.46 billion, a price-to-earnings ratio of 20.60 and a beta of 0.55. Vanguard Utilities ETF has a 1-year low of $169.37 and a 1-year 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.