Vanguard Utilities ETF (NYSEARCA:VPU) Shares Acquired by Merit Financial Group LLC

Merit Financial Group LLC increased its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 17.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,632 shares of the company’s stock after acquiring an additional 393 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Utilities ETF were worth $430,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VPU. Retirement Planning Group LLC raised its stake in shares of Vanguard Utilities ETF by 2.4% during the 3rd quarter. Retirement Planning Group LLC now owns 2,996 shares of the company’s stock worth $522,000 after buying an additional 71 shares during the last quarter. EP Wealth Advisors LLC raised its position in Vanguard Utilities ETF by 1.0% during the third quarter. EP Wealth Advisors LLC now owns 6,912 shares of the company’s stock worth $1,203,000 after acquiring an additional 71 shares during the last quarter. Chemistry Wealth Management LLC lifted its holdings in shares of Vanguard Utilities ETF by 3.4% in the third quarter. Chemistry Wealth Management LLC now owns 2,416 shares of the company’s stock valued at $421,000 after purchasing an additional 79 shares in the last quarter. Tilia Fiduciary Partners Inc. lifted its holdings in shares of Vanguard Utilities ETF by 3.0% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 2,847 shares of the company’s stock valued at $465,000 after purchasing an additional 84 shares in the last quarter. Finally, Signaturefd LLC grew its position in shares of Vanguard Utilities ETF by 64.5% in the third quarter. Signaturefd LLC now owns 232 shares of the company’s stock valued at $40,000 after purchasing an additional 91 shares during the last quarter.

Vanguard Utilities ETF Price Performance

Shares of Vanguard Utilities ETF stock opened at $169.61 on Friday. Vanguard Utilities ETF has a 1 year low of $128.05 and a 1 year high of $180.04. The business has a 50 day moving average price of $168.85 and a 200 day moving average price of $166.55. The company has a market capitalization of $6.11 billion, a P/E ratio of 20.65 and a beta of 0.56.

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).