Moran Wealth Management LLC Sells 485 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

Moran Wealth Management LLC lessened its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 4.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,500 shares of the company’s stock after selling 485 shares during the quarter. Moran Wealth Management LLC’s holdings in Vanguard Utilities ETF were worth $1,653,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of VPU. Tortoise Investment Management LLC boosted its holdings in Vanguard Utilities ETF by 5.5% during the second quarter. Tortoise Investment Management LLC now owns 1,263 shares of the company’s stock worth $187,000 after purchasing an additional 66 shares during the last quarter. Comerica Bank boosted its stake in shares of 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 buying an additional 71 shares during the last quarter. Retirement Planning Group LLC increased its position in shares of Vanguard Utilities ETF by 2.4% in the third quarter. Retirement Planning Group LLC now owns 2,996 shares of the company’s stock valued at $522,000 after acquiring an additional 71 shares during the last quarter. Maltin Wealth Management Inc. raised its holdings in Vanguard Utilities ETF by 1.9% during the second quarter. Maltin Wealth Management Inc. now owns 3,967 shares of the company’s stock worth $587,000 after acquiring an additional 75 shares in the last quarter. Finally, Chemistry Wealth Management LLC boosted its position in Vanguard Utilities ETF by 3.4% during the third quarter. Chemistry Wealth Management LLC now owns 2,416 shares of the company’s stock valued at $421,000 after purchasing an additional 79 shares during the last quarter.

Vanguard Utilities ETF Stock Up 1.7 %

NYSEARCA:VPU opened at $176.73 on Friday. Vanguard Utilities ETF has a twelve month low of $128.05 and a twelve month high of $177.51. The firm has a market capitalization of $6.36 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56. The stock’s 50 day moving average price is $172.06 and its two-hundred day moving average price is $161.56.

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).