Vanguard Utilities ETF (NYSEARCA:VPU) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 4.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 705,452 shares of the company’s stock after selling 31,399 shares during the period. Envestnet Asset Management Inc. owned approximately 1.96% of Vanguard Utilities ETF worth $104,350,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Tortoise Investment Management LLC raised its holdings in Vanguard Utilities ETF by 5.5% in the 2nd quarter. Tortoise Investment Management LLC now owns 1,263 shares of the company’s stock valued at $187,000 after acquiring an additional 66 shares during the last quarter. Inspire Advisors LLC raised its holdings in Vanguard Utilities ETF by 2.1% in the 1st quarter. Inspire Advisors LLC now owns 3,310 shares of the company’s stock valued at $472,000 after acquiring an additional 69 shares during the last quarter. Comerica Bank raised its holdings in Vanguard Utilities ETF by 1.4% in the 1st quarter. Comerica Bank now owns 5,136 shares of the company’s stock valued at $732,000 after acquiring an additional 71 shares during the last quarter. Maltin Wealth Management Inc. grew its stake in shares of Vanguard Utilities ETF by 1.9% in the 2nd quarter. Maltin Wealth Management Inc. now owns 3,967 shares of the company’s stock valued at $587,000 after buying an additional 75 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Vanguard Utilities ETF by 2.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,869 shares of the company’s stock valued at $552,000 after buying an additional 87 shares during the period.

Vanguard Utilities ETF Price Performance

Vanguard Utilities ETF stock opened at $171.02 on Tuesday. The firm has a 50 day simple moving average of $159.80 and a 200-day simple moving average of $151.26. Vanguard Utilities ETF has a 1-year low of $118.81 and a 1-year high of $171.47. The stock has a market cap of $6.16 billion, a price-to-earnings 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).