N.E.W. Advisory Services LLC Buys New Position in Vanguard Utilities ETF (NYSEARCA:VPU)

N.E.W. Advisory Services LLC purchased a new position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 943 shares of the company’s stock, valued at approximately $161,000.

Several other large investors have also recently made changes to their positions in the business. Foundations Investment Advisors LLC raised its stake in shares of Vanguard Utilities ETF by 1.8% during the first quarter. Foundations Investment Advisors LLC now owns 26,901 shares of the company’s stock worth $4,595,000 after acquiring an additional 478 shares in the last quarter. Sterling Investment Advisors Ltd. raised its stake in shares of Vanguard Utilities ETF by 10.4% during the first quarter. Sterling Investment Advisors Ltd. now owns 19,775 shares of the company’s stock worth $3,378,000 after acquiring an additional 1,870 shares in the last quarter. First Heartland Consultants Inc. raised its stake in shares of Vanguard Utilities ETF by 92.2% during the first quarter. First Heartland Consultants Inc. now owns 7,670 shares of the company’s stock worth $1,310,000 after acquiring an additional 3,679 shares in the last quarter. Assetmark Inc. increased its stake in shares of Vanguard Utilities ETF by 231.8% in the first quarter. Assetmark Inc. now owns 5,014 shares of the company’s stock worth $856,000 after buying an additional 3,503 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of Vanguard Utilities ETF by 6.9% in the first quarter. Cetera Investment Advisers now owns 218,335 shares of the company’s stock worth $37,294,000 after buying an additional 14,147 shares during the period.

Vanguard Utilities ETF Stock Up 1.0%

Shares of NYSEARCA VPU opened at $182.78 on Wednesday. Vanguard Utilities ETF has a 52 week low of $154.00 and a 52 week high of $185.75. The firm’s fifty day moving average is $177.03 and its 200 day moving average is $172.13. The company has a market cap of $7.25 billion, a price-to-earnings ratio of 20.60 and a beta of 0.54.

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).