Axxcess Wealth Management LLC Makes New Investment in Vanguard Utilities ETF (NYSEARCA:VPU)

Axxcess Wealth Management LLC purchased a new position in Vanguard Utilities ETF (NYSEARCA:VPU) in the third quarter, HoldingsChannel.com reports. The firm purchased 1,239 shares of the company’s stock, valued at approximately $216,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Sigma Planning Corp increased its position in Vanguard Utilities ETF by 9.7% in the third quarter. Sigma Planning Corp now owns 9,874 shares of the company’s stock worth $1,719,000 after buying an additional 876 shares in the last quarter. Proficio Capital Partners LLC increased its position in Vanguard Utilities ETF by 0.7% in the third quarter. Proficio Capital Partners LLC now owns 19,095 shares of the company’s stock worth $3,323,000 after buying an additional 140 shares in the last quarter. Assetmark Inc. increased its position in Vanguard Utilities ETF by 245.6% in the third quarter. Assetmark Inc. now owns 750 shares of the company’s stock worth $131,000 after buying an additional 533 shares in the last quarter. Executive Wealth Management LLC purchased a new stake in Vanguard Utilities ETF in the third quarter worth about $406,000. Finally, CWA Asset Management Group LLC purchased a new stake in Vanguard Utilities ETF in the third quarter worth about $255,000.

Vanguard Utilities ETF Stock Down 0.4 %

Shares of VPU opened at $168.68 on Friday. The business has a 50-day simple moving average of $171.44 and a two-hundred day simple moving average of $160.68. The stock has a market cap of $6.07 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56. Vanguard Utilities ETF has a 52 week low of $128.05 and a 52 week high of $177.51.

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).