Richmond Brothers Inc. Boosts Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Richmond Brothers Inc. lifted its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 9.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 46,134 shares of the company’s stock after purchasing an additional 4,169 shares during the quarter. Vanguard Utilities ETF accounts for approximately 4.8% of Richmond Brothers Inc.’s holdings, making the stock its 7th biggest holding. Richmond Brothers Inc. owned approximately 0.13% of Vanguard Utilities ETF worth $7,539,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VPU. Oppenheimer & Co. Inc. lifted its position in Vanguard Utilities ETF by 43.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 3,771 shares of the company’s stock worth $656,000 after buying an additional 1,135 shares in the last quarter. OneDigital Investment Advisors LLC lifted its position in Vanguard Utilities ETF by 8.7% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 4,976 shares of the company’s stock worth $866,000 after buying an additional 400 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in Vanguard Utilities ETF by 16.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 4,449 shares of the company’s stock worth $777,000 after buying an additional 619 shares in the last quarter. OneAscent Wealth Management LLC lifted its position in Vanguard Utilities ETF by 21.4% during the 3rd quarter. OneAscent Wealth Management LLC now owns 2,162 shares of the company’s stock worth $379,000 after buying an additional 381 shares in the last quarter. Finally, Banque Cantonale Vaudoise lifted its position in Vanguard Utilities ETF by 43.3% during the 3rd quarter. Banque Cantonale Vaudoise now owns 15,324 shares of the company’s stock worth $2,665,000 after buying an additional 4,632 shares in the last quarter.

Vanguard Utilities ETF Stock Down 0.7 %

Shares of NYSEARCA VPU opened at $170.42 on Wednesday. The firm’s 50-day simple moving average is $169.11 and its 200 day simple moving average is $169.94. The company has a market cap of $9.94 billion, a price-to-earnings ratio of 20.64 and a beta of 0.61. Vanguard Utilities ETF has a 12-month low of $135.67 and a 12-month high of $180.04.

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).