Concourse Financial Group Securities Inc. Buys 410 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

Concourse Financial Group Securities Inc. boosted its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 4.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,185 shares of the company’s stock after purchasing an additional 410 shares during the period. Concourse Financial Group Securities Inc.’s holdings in Vanguard Utilities ETF were worth $1,452,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Beacon Capital Management Inc. lifted its holdings in shares of Vanguard Utilities ETF by 2,772.3% during the 1st quarter. Beacon Capital Management Inc. now owns 1,169,917 shares of the company’s stock valued at $165,871,000 after buying an additional 1,129,186 shares during the period. International Assets Investment Management LLC lifted its holdings in Vanguard Utilities ETF by 3,923.6% in the fourth quarter. International Assets Investment Management LLC now owns 381,877 shares of the company’s stock valued at $52,344,000 after acquiring an additional 372,386 shares during the period. Wells Fargo & Company MN boosted its position in Vanguard Utilities ETF by 12.6% in the fourth quarter. Wells Fargo & Company MN now owns 318,375 shares of the company’s stock worth $43,640,000 after purchasing an additional 35,520 shares during the last quarter. UBS Group AG grew its stake in shares of Vanguard Utilities ETF by 22.9% during the 4th quarter. UBS Group AG now owns 311,149 shares of the company’s stock valued at $42,649,000 after purchasing an additional 57,923 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of Vanguard Utilities ETF by 3.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 155,778 shares of the company’s stock valued at $22,211,000 after purchasing an additional 4,855 shares during the period.

Vanguard Utilities ETF Price Performance

Shares of NYSEARCA:VPU traded up $0.02 during trading on Friday, hitting $148.35. The company’s stock had a trading volume of 104,577 shares, compared to its average volume of 206,760. The firm has a market cap of $5.34 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56. The company has a 50-day moving average of $152.07 and a 200-day moving average of $142.03. Vanguard Utilities ETF has a 12 month low of $118.81 and a 12 month high of $158.07.

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).