Tortoise Investment Management LLC Grows Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Tortoise Investment Management LLC lifted its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 5.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,373 shares of the company’s stock after acquiring an additional 70 shares during the quarter. Tortoise Investment Management LLC’s holdings in Vanguard Utilities ETF were worth $224,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. LPL Financial LLC lifted its holdings in shares of Vanguard Utilities ETF by 4.8% in the 3rd quarter. LPL Financial LLC now owns 614,776 shares of the company’s stock worth $107,002,000 after acquiring an additional 28,320 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of Vanguard Utilities ETF by 31.0% in the 3rd quarter. Captrust Financial Advisors now owns 195,762 shares of the company’s stock worth $34,072,000 after acquiring an additional 46,299 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Utilities ETF in the 4th quarter worth approximately $24,659,000. Strategic Financial Concepts LLC bought a new stake in shares of Vanguard Utilities ETF in the 4th quarter worth approximately $20,003,000. Finally, Atria Wealth Solutions Inc. lifted its holdings in shares of Vanguard Utilities ETF by 6.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 99,156 shares of the company’s stock worth $16,204,000 after acquiring an additional 5,765 shares during the last quarter.

Vanguard Utilities ETF Stock Up 1.1 %

NYSEARCA:VPU opened at $169.12 on Tuesday. The company has a fifty day moving average of $168.53 and a 200 day moving average of $169.71. Vanguard Utilities ETF has a 52 week low of $135.67 and a 52 week high of $180.04. The firm has a market capitalization of $9.87 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).