Truist Financial Corp Raises Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

Truist Financial Corp increased its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 7.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 60,198 shares of the company’s stock after buying an additional 3,947 shares during the period. Truist Financial Corp owned about 0.17% of Vanguard Utilities ETF worth $8,251,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Colonial River Wealth Management LLC raised its holdings in shares of Vanguard Utilities ETF by 2.0% in the 3rd quarter. Colonial River Wealth Management LLC now owns 4,209 shares of the company’s stock worth $537,000 after purchasing an additional 84 shares during the period. Huntington National Bank lifted its position in shares of Vanguard Utilities ETF by 1.6% during the 3rd quarter. Huntington National Bank now owns 5,535 shares of the company’s stock valued at $706,000 after buying an additional 86 shares during the last quarter. Kennedy Investment Group grew its stake in shares of Vanguard Utilities ETF by 1.2% during the 4th quarter. Kennedy Investment Group now owns 6,998 shares of the company’s stock worth $959,000 after acquiring an additional 86 shares during the period. IFG Advisory LLC grew its stake in shares of Vanguard Utilities ETF by 0.3% during the 4th quarter. IFG Advisory LLC now owns 27,854 shares of the company’s stock worth $3,818,000 after acquiring an additional 92 shares during the period. Finally, Clearstead Advisors LLC increased its holdings in Vanguard Utilities ETF by 16.4% in the 3rd quarter. Clearstead Advisors LLC now owns 754 shares of the company’s stock worth $96,000 after acquiring an additional 106 shares during the last quarter.

Vanguard Utilities ETF Stock Up 0.9 %

NYSEARCA VPU opened at $148.83 on Friday. The company has a market cap of $5.36 billion, a PE ratio of 20.65 and a beta of 0.56. Vanguard Utilities ETF has a 52 week low of $118.81 and a 52 week high of $150.93. The firm’s 50-day simple moving average is $140.08 and its two-hundred day simple moving average is $135.87.

Vanguard Utilities ETF Profile

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).