B. Riley Wealth Advisors Inc. Increases Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

B. Riley Wealth Advisors Inc. lifted its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU – Get Rating) by 115.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 14,119 shares of the company’s stock after buying an additional 7,574 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Vanguard Utilities ETF were worth $2,009,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VPU. Greenline Partners LLC grew its holdings in Vanguard Utilities ETF by 112.2% in the third quarter. Greenline Partners LLC now owns 174 shares of the company’s stock worth $25,000 after purchasing an additional 92 shares during the period. SeaCrest Wealth Management LLC purchased a new stake in Vanguard Utilities ETF in the second quarter worth about $32,000. Adirondack Trust Co. grew its holdings in Vanguard Utilities ETF by 560.0% in the third quarter. Adirondack Trust Co. now owns 330 shares of the company’s stock worth $47,000 after purchasing an additional 280 shares during the period. TCI Wealth Advisors Inc. grew its holdings in Vanguard Utilities ETF by 88.6% in the third quarter. TCI Wealth Advisors Inc. now owns 330 shares of the company’s stock worth $47,000 after purchasing an additional 155 shares during the period. Finally, New Millennium Group LLC purchased a new stake in Vanguard Utilities ETF in the second quarter worth about $58,000.

Vanguard Utilities ETF Stock Performance

Shares of VPU opened at $146.00 on Friday. The stock has a market cap of $5.41 billion, a PE ratio of 23.10 and a beta of 0.52. Vanguard Utilities ETF has a fifty-two week low of $131.72 and a fifty-two week high of $169.55. The firm’s 50-day simple moving average is $148.51 and its two-hundred day simple moving average is $150.56.

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).