Vanguard Utilities ETF (NYSEARCA:VPU) Shares Sold by Shira Ridge Wealth Management

Shira Ridge Wealth Management lowered its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 2.2% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 28,135 shares of the company’s stock after selling 647 shares during the period. Vanguard Utilities ETF accounts for approximately 2.5% of Shira Ridge Wealth Management’s portfolio, making the stock its 12th biggest holding. Shira Ridge Wealth Management owned approximately 0.08% of Vanguard Utilities ETF worth $4,000,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VPU. GPS Wealth Strategies Group LLC purchased a new stake in shares of Vanguard Utilities ETF in the first quarter valued at approximately $28,000. Cascade Investment Advisors Inc. purchased a new stake in Vanguard Utilities ETF in the 1st quarter valued at $30,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Vanguard Utilities ETF in the 1st quarter worth $34,000. Ballast Advisors LLC purchased a new position in shares of Vanguard Utilities ETF during the 1st quarter worth $35,000. Finally, Coppell Advisory Solutions Corp. acquired a new position in shares of Vanguard Utilities ETF during the 4th quarter valued at about $46,000.

Vanguard Utilities ETF Trading Up 0.1 %

Shares of VPU opened at $140.50 on Tuesday. The firm has a 50-day moving average price of $140.42 and a 200 day moving average price of $143.87. Vanguard Utilities ETF has a 12-month low of $131.72 and a 12-month high of $163.65. The firm has a market capitalization of $5.06 billion, a P/E ratio of 23.10 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).