Nelson Capital Management LLC Reduces Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

Nelson Capital Management LLC lessened its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 0.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 56,983 shares of the company’s stock after selling 143 shares during the period. Vanguard Utilities ETF comprises approximately 1.5% of Nelson Capital Management LLC’s holdings, making the stock its 15th biggest position. Nelson Capital Management LLC owned approximately 0.16% of Vanguard Utilities ETF worth $9,312,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VPU. The Manufacturers Life Insurance Company bought a new stake in Vanguard Utilities ETF during the 3rd quarter worth approximately $623,000. Apollon Wealth Management LLC purchased a new position in shares of Vanguard Utilities ETF during the 4th quarter valued at $228,000. Park Avenue Securities LLC purchased a new stake in Vanguard Utilities ETF in the 4th quarter worth $428,000. Signaturefd LLC raised its stake in Vanguard Utilities ETF by 64.5% during the 3rd quarter. Signaturefd LLC now owns 232 shares of the company’s stock valued at $40,000 after purchasing an additional 91 shares during the period. Finally, Glassy Mountain Advisors Inc. boosted its stake in Vanguard Utilities ETF by 10.7% in the 4th quarter. Glassy Mountain Advisors Inc. now owns 16,034 shares of the company’s stock worth $2,620,000 after purchasing an additional 1,549 shares during the period.

Vanguard Utilities ETF Price Performance

Shares of VPU opened at $171.95 on Wednesday. Vanguard Utilities ETF has a 1 year low of $131.10 and a 1 year high of $180.04. The company has a 50 day simple moving average of $167.52 and a two-hundred day simple moving average of $169.22. The firm has a market cap of $10.03 billion, a P/E ratio of 20.98 and a beta of 0.65.

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).