Janney Montgomery Scott LLC Sells 6,414 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

Janney Montgomery Scott LLC trimmed its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 7.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 77,232 shares of the company’s stock after selling 6,414 shares during the period. Janney Montgomery Scott LLC’s holdings in Vanguard Utilities ETF were worth $13,442,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Headlands Technologies LLC bought a new position in Vanguard Utilities ETF during the second quarter valued at approximately $25,000. Signaturefd LLC raised its stake in Vanguard Utilities ETF by 64.5% during the 3rd quarter. Signaturefd LLC now owns 232 shares of the company’s stock valued at $40,000 after buying an additional 91 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Vanguard Utilities ETF during the 2nd quarter valued at $37,000. Clean Yield Group purchased a new position in shares of Vanguard Utilities ETF in the 1st quarter worth $37,000. Finally, ORG Partners LLC bought a new stake in shares of Vanguard Utilities ETF in the second quarter worth $40,000.

Vanguard Utilities ETF Stock Performance

VPU stock opened at $167.74 on Thursday. The company has a market cap of $6.04 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56. The business’s 50-day moving average is $170.95 and its two-hundred day moving average is $159.78. Vanguard Utilities ETF has a fifty-two week low of $128.05 and a fifty-two 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).