Patriot Investment Management Group Inc. lowered its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU – Free Report) by 2.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 99,856 shares of the company’s stock after selling 2,193 shares during the period. Vanguard Utilities ETF accounts for 1.3% of Patriot Investment Management Group Inc.’s portfolio, making the stock its 13th largest position. Patriot Investment Management Group Inc.’s holdings in Vanguard Utilities ETF were worth $17,380,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in VPU. Headlands Technologies LLC bought a new position in Vanguard Utilities ETF in the second quarter valued at $25,000. Register Financial Advisors LLC bought a new position in shares of Vanguard Utilities ETF during the 1st quarter valued at about $27,000. Clean Yield Group bought a new position in shares of Vanguard Utilities ETF during the 1st quarter valued at about $37,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Vanguard Utilities ETF during the 2nd quarter valued at about $37,000. Finally, ORG Partners LLC bought a new stake in Vanguard Utilities ETF in the 2nd quarter worth approximately $40,000.
Vanguard Utilities ETF Stock Performance
VPU stock opened at $170.71 on Monday. The company has a market capitalization of $6.15 billion, a PE ratio of 20.65 and a beta of 0.56. Vanguard Utilities ETF has a one year low of $123.31 and a one year high of $176.35. The company’s 50 day moving average price is $166.72 and its two-hundred day moving average price is $155.86.
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).
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