Vanguard Utilities ETF (NYSEARCA:VPU) Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 2,878.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,691 shares of the company’s stock after acquiring an additional 50,922 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.15% of Vanguard Utilities ETF worth $7,513,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Beacon Capital Management Inc. grew its position in Vanguard Utilities ETF by 2,772.3% in 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 last quarter. International Assets Investment Management LLC raised its holdings in shares of 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 worth $52,344,000 after acquiring an additional 372,386 shares during the last quarter. UBS Group AG raised its stake in Vanguard Utilities ETF by 22.9% in 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 last quarter. Chevy Chase Trust Holdings LLC purchased a new stake in Vanguard Utilities ETF in the 4th quarter valued at about $5,262,000. Finally, Wells Fargo & Company MN grew its holdings 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 valued at $43,640,000 after purchasing an additional 35,520 shares during the period.

Vanguard Utilities ETF Stock Performance

Shares of VPU traded up $1.38 during trading hours on Friday, hitting $154.62. The stock had a trading volume of 156,682 shares, compared to its average volume of 205,891. Vanguard Utilities ETF has a 12-month low of $118.81 and a 12-month high of $158.07. The company’s fifty day simple moving average is $152.40 and its 200 day simple moving average is $142.43. The firm has a market cap of $5.57 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).