Apexium Financial LP Makes New $362,000 Investment in Vanguard Utilities ETF (NYSEARCA:VPU)

Apexium Financial LP bought a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) during the 4th quarter, HoldingsChannel reports. The firm bought 2,213 shares of the company’s stock, valued at approximately $362,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Kingswood Wealth Advisors LLC acquired a new stake in Vanguard Utilities ETF during the 4th quarter worth $259,000. PFG Investments LLC boosted its position in Vanguard Utilities ETF by 180.0% during the fourth quarter. PFG Investments LLC now owns 3,343 shares of the company’s stock worth $546,000 after acquiring an additional 2,149 shares during the last quarter. Clarendon Private LLC purchased a new stake in Vanguard Utilities ETF during the 4th quarter valued at about $403,000. Geneos Wealth Management Inc. raised its holdings in Vanguard Utilities ETF by 191.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 9,129 shares of the company’s stock valued at $1,492,000 after acquiring an additional 6,002 shares during the last quarter. Finally, Accel Wealth Management lifted its stake in Vanguard Utilities ETF by 1.6% in the 4th quarter. Accel Wealth Management now owns 10,061 shares of the company’s stock worth $1,644,000 after purchasing an additional 158 shares in the last quarter.

Vanguard Utilities ETF Price Performance

VPU stock opened at $167.65 on Tuesday. Vanguard Utilities ETF has a 1 year low of $128.05 and a 1 year high of $180.04. The firm has a market capitalization of $6.04 billion, a PE ratio of 20.65 and a beta of 0.56. The business has a 50 day simple moving average of $168.88 and a 200-day simple moving average of $166.97.

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).