Beacon Capital Management Inc. Trims Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Beacon Capital Management Inc. lessened its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 3.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 994,370 shares of the company’s stock after selling 40,077 shares during the quarter. Vanguard Utilities ETF accounts for 7.0% of Beacon Capital Management Inc.’s investment portfolio, making the stock its 6th biggest position. Beacon Capital Management Inc. owned 2.76% of Vanguard Utilities ETF worth $162,500,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VPU. Oppenheimer & Co. Inc. increased its position in Vanguard Utilities ETF by 43.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 3,771 shares of the company’s stock valued at $656,000 after purchasing an additional 1,135 shares during the period. Thrivent Financial for Lutherans increased its position in shares of Vanguard Utilities ETF by 16.2% during the third quarter. Thrivent Financial for Lutherans now owns 4,449 shares of the company’s stock valued at $777,000 after buying an additional 619 shares during the period. Avior Wealth Management LLC raised its stake in Vanguard Utilities ETF by 69.7% in the third quarter. Avior Wealth Management LLC now owns 2,062 shares of the company’s stock worth $359,000 after buying an additional 847 shares in the last quarter. Citizens Financial Group Inc. RI lifted its holdings in Vanguard Utilities ETF by 9.5% in the third quarter. Citizens Financial Group Inc. RI now owns 1,733 shares of the company’s stock worth $304,000 after buying an additional 150 shares during the period. Finally, LPL Financial LLC boosted its position in Vanguard Utilities ETF by 4.8% during the 3rd quarter. LPL Financial LLC now owns 614,776 shares of the company’s stock valued at $107,002,000 after acquiring an additional 28,320 shares in the last quarter.

Vanguard Utilities ETF Price Performance

Shares of Vanguard Utilities ETF stock opened at $171.64 on Friday. Vanguard Utilities ETF has a 1 year low of $135.67 and a 1 year high of $180.04. The firm has a market cap of $10.02 billion, a price-to-earnings ratio of 20.64 and a beta of 0.61. The company has a 50-day moving average of $169.39 and a 200 day moving average of $169.96.

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).