BOS Asset Management LLC Reduces Stock Position in Vanguard Utilities ETF (NYSEARCA:VPU)

BOS Asset Management LLC cut its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 36.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,725 shares of the company’s stock after selling 4,405 shares during the quarter. BOS Asset Management LLC’s holdings in Vanguard Utilities ETF were worth $1,345,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Tortoise Investment Management LLC grew its holdings in Vanguard Utilities ETF by 5.5% during the 2nd quarter. Tortoise Investment Management LLC now owns 1,263 shares of the company’s stock valued at $187,000 after buying an additional 66 shares in the last quarter. Inspire Advisors LLC grew its stake in Vanguard Utilities ETF by 2.1% during the first quarter. Inspire Advisors LLC now owns 3,310 shares of the company’s stock valued at $472,000 after acquiring an additional 69 shares in the last quarter. Comerica Bank increased its holdings in Vanguard Utilities ETF by 1.4% during the 1st quarter. Comerica Bank now owns 5,136 shares of the company’s stock worth $732,000 after acquiring an additional 71 shares during the period. Retirement Planning Group LLC lifted its stake in Vanguard Utilities ETF by 2.4% in the 3rd quarter. Retirement Planning Group LLC now owns 2,996 shares of the company’s stock worth $522,000 after purchasing an additional 71 shares in the last quarter. Finally, Maltin Wealth Management Inc. boosted its holdings in 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 purchasing an additional 75 shares during the period.

Vanguard Utilities ETF Stock Performance

Vanguard Utilities ETF stock opened at $177.08 on Thursday. Vanguard Utilities ETF has a fifty-two week low of $123.31 and a fifty-two week high of $177.35. The stock has a market cap of $6.37 billion, a P/E ratio of 20.65 and a beta of 0.56. The firm’s fifty day moving average price is $167.71 and its 200-day moving average price is $156.43.

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).