Mission Wealth Management LP Cuts Stock Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Mission Wealth Management LP decreased its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,555 shares of the company’s stock after selling 63 shares during the quarter. Mission Wealth Management LP’s holdings in Vanguard Utilities ETF were worth $418,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in VPU. Strategic Financial Concepts LLC purchased a new stake in shares of Vanguard Utilities ETF during the fourth quarter valued at approximately $20,003,000. Invst LLC grew its holdings in shares of Vanguard Utilities ETF by 3,335.1% during the third quarter. Invst LLC now owns 49,672 shares of the company’s stock valued at $8,645,000 after buying an additional 48,226 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of Vanguard Utilities ETF by 31.0% during the third 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. L & S Advisors Inc purchased a new stake in shares of Vanguard Utilities ETF during the third quarter valued at approximately $6,153,000. Finally, LPL Financial LLC grew its holdings in shares of Vanguard Utilities ETF by 4.8% during the third quarter. LPL Financial LLC now owns 614,776 shares of the company’s stock valued at $107,002,000 after buying an additional 28,320 shares during the last quarter.

Vanguard Utilities ETF Stock Down 0.8 %

NYSEARCA:VPU opened at $167.84 on Thursday. The company’s 50 day moving average price is $168.36 and its 200-day moving average price is $169.57. Vanguard Utilities ETF has a 52 week low of $135.67 and a 52 week high of $180.04. The stock has a market cap of $9.79 billion, a price-to-earnings ratio of 20.98 and a beta of 0.65.

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).