Sequoia Financial Advisors LLC Makes New $615,000 Investment in Vanguard Utilities ETF (NYSEARCA:VPU)

Sequoia Financial Advisors LLC acquired a new position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,763 shares of the company’s stock, valued at approximately $615,000.

A number of other large investors have also recently bought and sold shares of VPU. Wealthfront Advisers LLC grew its stake in Vanguard Utilities ETF by 93,677.4% during the fourth quarter. Wealthfront Advisers LLC now owns 4,582,900 shares of the company’s stock worth $748,938,000 after buying an additional 4,578,013 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard Utilities ETF during the fourth quarter worth about $24,659,000. Strategic Financial Concepts LLC acquired a new stake in Vanguard Utilities ETF during the fourth quarter worth about $20,003,000. Invst LLC grew its stake in Vanguard Utilities ETF by 3,335.1% during the third quarter. Invst LLC now owns 49,672 shares of the company’s stock worth $8,645,000 after buying an additional 48,226 shares in the last quarter. Finally, Captrust Financial Advisors boosted its stake 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 valued at $34,072,000 after purchasing an additional 46,299 shares in the last quarter.

Vanguard Utilities ETF Trading Up 0.5 %

VPU opened at $171.62 on Tuesday. The company’s 50 day moving average is $168.98 and its 200-day moving average is $169.91. Vanguard Utilities ETF has a 1-year low of $135.67 and a 1-year high of $180.04. The company has a market cap of $10.01 billion, a P/E ratio of 20.64 and a beta of 0.61.

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).