Essex Financial Services Inc. Increases Stock Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Essex Financial Services Inc. lifted its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 13.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,136 shares of the company’s stock after purchasing an additional 475 shares during the quarter. Essex Financial Services Inc.’s holdings in Vanguard Utilities ETF were worth $567,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Cedar Wealth Management LLC lifted its position in shares of Vanguard Utilities ETF by 255.0% during the 3rd quarter. Cedar Wealth Management LLC now owns 284 shares of the company’s stock worth $36,000 after buying an additional 204 shares during the last quarter. NBC Securities Inc. acquired a new position in Vanguard Utilities ETF in the 3rd quarter valued at $51,000. Ramirez Asset Management Inc. acquired a new position in Vanguard Utilities ETF in the 3rd quarter valued at $54,000. EverSource Wealth Advisors LLC increased its stake in Vanguard Utilities ETF by 250.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 483 shares of the company’s stock valued at $62,000 after buying an additional 345 shares during the period. Finally, ORG Partners LLC increased its stake in Vanguard Utilities ETF by 100.0% in the 4th quarter. ORG Partners LLC now owns 550 shares of the company’s stock valued at $75,000 after buying an additional 275 shares during the period.

Vanguard Utilities ETF Stock Performance

Shares of VPU opened at $147.44 on Friday. The stock has a market capitalization of $5.31 billion, a P/E ratio of 20.65 and a beta of 0.56. The company’s fifty day moving average is $139.78 and its two-hundred day moving average is $135.74. Vanguard Utilities ETF has a 1 year low of $118.81 and a 1 year high of $150.93.

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).