Exchange Capital Management Inc. Increases Stock Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Exchange Capital Management Inc. boosted its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,362 shares of the company’s stock after buying an additional 1,597 shares during the period. Exchange Capital Management Inc. owned 0.08% of Vanguard Utilities ETF worth $4,635,000 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. LPL Financial LLC boosted its stake in Vanguard Utilities ETF by 4.8% during the third quarter. LPL Financial LLC now owns 614,776 shares of the company’s stock worth $107,002,000 after buying an additional 28,320 shares during the period. Captrust Financial Advisors grew its position in Vanguard Utilities ETF by 31.0% in the 3rd quarter. Captrust Financial Advisors now owns 195,762 shares of the company’s stock valued at $34,072,000 after buying an additional 46,299 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of Vanguard Utilities ETF in the 4th quarter worth approximately $20,003,000. Atria Wealth Solutions Inc. grew its holdings in Vanguard Utilities ETF by 6.2% during the 4th quarter. Atria Wealth Solutions Inc. now owns 99,156 shares of the company’s stock valued at $16,204,000 after buying an additional 5,765 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in shares of Vanguard Utilities ETF by 18.9% during the third quarter. Stifel Financial Corp now owns 75,284 shares of the company’s stock worth $13,103,000 after purchasing an additional 11,961 shares during the last quarter.

Vanguard Utilities ETF Trading Down 0.4 %

Shares of VPU opened at $172.59 on Tuesday. The stock’s fifty day simple moving average is $167.28 and its 200 day simple moving average is $169.04. Vanguard Utilities ETF has a twelve month low of $131.10 and a twelve month high of $180.04. The firm has a market capitalization of $10.07 billion, a P/E ratio of 20.98 and a beta of 0.65.

Vanguard Utilities ETF Company 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).