HighTower Advisors LLC Buys 4,171 Shares of Vanguard Utilities ETF $VPU

HighTower Advisors LLC lifted its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 9.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 50,179 shares of the company’s stock after acquiring an additional 4,171 shares during the period. HighTower Advisors LLC’s holdings in Vanguard Utilities ETF were worth $9,505,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VPU. Bank of Montreal Can grew its stake in Vanguard Utilities ETF by 55.3% in the 2nd quarter. Bank of Montreal Can now owns 3,210 shares of the company’s stock valued at $567,000 after buying an additional 1,143 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of Vanguard Utilities ETF during the second quarter worth approximately $71,000. CW Advisors LLC grew its position in shares of Vanguard Utilities ETF by 26.3% in the second quarter. CW Advisors LLC now owns 52,667 shares of the company’s stock valued at $9,297,000 after purchasing an additional 10,961 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Vanguard Utilities ETF by 1.8% during the third quarter. Commonwealth Equity Services LLC now owns 180,307 shares of the company’s stock worth $34,152,000 after purchasing an additional 3,148 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Vanguard Utilities ETF during the third quarter worth approximately $507,000.

Vanguard Utilities ETF Price Performance

VPU opened at $200.31 on Friday. The business has a fifty day simple moving average of $188.44 and a 200 day simple moving average of $189.30. Vanguard Utilities ETF has a 1 year low of $154.00 and a 1 year high of $203.50. The company has a market capitalization of $8.51 billion, a PE 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.