Baird Financial Group Inc. Invests $362,000 in Vanguard Utilities ETF (NYSEARCA:VPU)

Baird Financial Group Inc. bought a new position in shares of Vanguard Utilities ETF (NYSEARCA:VPUGet Rating) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,378 shares of the company’s stock, valued at approximately $362,000.

Several other hedge funds have also recently bought and sold shares of VPU. Raymond James & Associates boosted its position in shares of Vanguard Utilities ETF by 0.9% in the first quarter. Raymond James & Associates now owns 83,929 shares of the company’s stock worth $13,581,000 after buying an additional 770 shares during the period. Invst LLC purchased a new stake in shares of Vanguard Utilities ETF during the first quarter valued at approximately $10,528,000. Lincoln National Corp lifted its position in shares of Vanguard Utilities ETF by 3.3% during the first quarter. Lincoln National Corp now owns 4,709 shares of the company’s stock worth $762,000 after purchasing an additional 150 shares in the last quarter. PFG Advisors boosted its stake in shares of Vanguard Utilities ETF by 5.2% in the second quarter. PFG Advisors now owns 6,142 shares of the company’s stock valued at $936,000 after purchasing an additional 302 shares during the period. Finally, First Bancorp Inc ME grew its holdings in Vanguard Utilities ETF by 69.2% during the 2nd quarter. First Bancorp Inc ME now owns 4,725 shares of the company’s stock valued at $720,000 after purchasing an additional 1,932 shares in the last quarter.

Vanguard Utilities ETF Trading Up 0.6 %

Shares of VPU stock opened at $151.19 on Tuesday. The company’s fifty day moving average price is $147.28 and its two-hundred day moving average price is $154.00. Vanguard Utilities ETF has a 12 month low of $131.72 and a 12 month high of $169.55.

About Vanguard Utilities ETF

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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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Institutional Ownership by Quarter for Vanguard Utilities ETF (NYSEARCA:VPU)

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