Stonebridge Financial Planning Group LLC Reduces Stock Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Stonebridge Financial Planning Group LLC lowered its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 56.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,500 shares of the company’s stock after selling 5,801 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in Vanguard Utilities ETF were worth $617,000 as of its most recent filing with the Securities & Exchange Commission.

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

Vanguard Utilities ETF Trading Down 0.6 %

VPU traded down $0.84 on Tuesday, hitting $144.84. 91,756 shares of the company’s stock traded hands, compared to its average volume of 223,573. The firm has a market cap of $5.21 billion, a price-to-earnings ratio of 19.85 and a beta of 0.56. The company’s 50 day simple moving average is $139.00 and its 200-day simple moving average is $135.46. Vanguard Utilities ETF has a one year low of $118.81 and a one year high of $151.31.

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).