Vanguard Utilities ETF (NYSEARCA:VPU) Hits New 12-Month High – Still a Buy?

Shares of Vanguard Utilities ETF (NYSEARCA:VPU) hit a new 52-week high on Tuesday . The company traded as high as $203.50 and last traded at $202.1410, with a volume of 57902 shares. The stock had previously closed at $201.32.

Vanguard Utilities ETF Stock Up 0.8%

The stock has a market capitalization of $8.46 billion, a price-to-earnings ratio of 20.60 and a beta of 0.61. The company has a 50 day simple moving average of $187.91 and a 200-day simple moving average of $189.12.

Institutional Investors Weigh In On Vanguard Utilities ETF

A number of large investors have recently bought and sold shares of VPU. Jessup Wealth Management Inc acquired a new stake in shares of Vanguard Utilities ETF in the 4th quarter valued at about $27,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Vanguard Utilities ETF during the fourth quarter valued at approximately $28,000. Global Wealth Strategies & Associates bought a new stake in shares of Vanguard Utilities ETF during the third quarter valued at approximately $31,000. Physician Wealth Advisors Inc. acquired a new position in shares of Vanguard Utilities ETF during the fourth quarter worth approximately $31,000. Finally, Imprint Wealth LLC acquired a new position in shares of Vanguard Utilities ETF during the third quarter worth approximately $38,000.

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.