Envestnet Portfolio Solutions Inc. Cuts Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

Envestnet Portfolio Solutions Inc. reduced its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 95.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,769 shares of the company’s stock after selling 33,467 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Utilities ETF were worth $242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in VPU. McIlrath & Eck LLC grew its holdings in shares of Vanguard Utilities ETF by 254.5% in the fourth quarter. McIlrath & Eck LLC now owns 195 shares of the company’s stock valued at $27,000 after purchasing an additional 140 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of Vanguard Utilities ETF in the 3rd quarter worth $51,000. Ramirez Asset Management Inc. purchased a new position in shares of Vanguard Utilities ETF in the 3rd quarter worth $54,000. Bogart Wealth LLC grew its stake in shares of Vanguard Utilities ETF by 8,860.0% in the 4th quarter. Bogart Wealth LLC now owns 448 shares of the company’s stock worth $61,000 after buying an additional 443 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Vanguard Utilities ETF by 250.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 483 shares of the company’s stock worth $62,000 after buying an additional 345 shares in the last quarter.

Vanguard Utilities ETF Trading Up 1.0 %

VPU opened at $154.84 on Friday. The stock has a 50-day moving average of $145.65 and a 200 day moving average of $138.64. Vanguard Utilities ETF has a 12 month low of $118.81 and a 12 month high of $158.07. The firm has a market cap of $5.57 billion, a P/E ratio of 20.65 and a beta of 0.56.

Vanguard Utilities ETF Company 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).