Envestnet Portfolio Solutions Inc. Has $415,000 Stock Holdings in Vanguard Utilities ETF $VPU

Envestnet Portfolio Solutions Inc. trimmed its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 93.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,191 shares of the company’s stock after selling 31,359 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Utilities ETF were worth $415,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Global Wealth Strategies & Associates purchased a new position in Vanguard Utilities ETF during the third quarter valued at approximately $31,000. Davis Capital Management acquired a new stake in shares of Vanguard Utilities ETF during the 3rd quarter valued at $58,000. Jackson Hole Capital Partners LLC boosted its stake in shares of Vanguard Utilities ETF by 284.1% during the 3rd quarter. Jackson Hole Capital Partners LLC now owns 338 shares of the company’s stock valued at $64,000 after buying an additional 250 shares during the period. Atlantic Union Bankshares Corp purchased a new position in shares of Vanguard Utilities ETF during the 2nd quarter valued at $71,000. Finally, Russell Investments Group Ltd. increased its stake in shares of Vanguard Utilities ETF by 57.4% in the second quarter. Russell Investments Group Ltd. now owns 428 shares of the company’s stock worth $76,000 after acquiring an additional 156 shares during the last quarter.

Vanguard Utilities ETF Trading Down 0.2%

VPU opened at $187.99 on Friday. The stock has a fifty day moving average price of $187.37 and a 200 day moving average price of $188.16. Vanguard Utilities ETF has a 1 year low of $154.00 and a 1 year high of $203.15. The stock has a market cap of $7.99 billion, a price-to-earnings ratio of 20.60 and a beta of 0.61.

Vanguard Utilities ETF 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.