Truist Financial Corp Cuts Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

Truist Financial Corp reduced its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 3.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,199 shares of the company’s stock after selling 2,003 shares during the period. Truist Financial Corp owned 0.16% of Vanguard Utilities ETF worth $9,348,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Maltin Wealth Management Inc. lifted its holdings in shares of Vanguard Utilities ETF by 1.5% during the 4th quarter. Maltin Wealth Management Inc. now owns 4,248 shares of the company’s stock worth $694,000 after acquiring an additional 61 shares during the period. EP Wealth Advisors LLC raised its holdings in Vanguard Utilities ETF by 1.0% in the third quarter. EP Wealth Advisors LLC now owns 6,912 shares of the company’s stock valued at $1,203,000 after buying an additional 71 shares during the period. Tilia Fiduciary Partners Inc. raised its holdings in Vanguard Utilities ETF by 3.0% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 2,847 shares of the company’s stock valued at $465,000 after buying an additional 84 shares during the period. Signaturefd LLC raised its holdings in Vanguard Utilities ETF by 64.5% in the third quarter. Signaturefd LLC now owns 232 shares of the company’s stock valued at $40,000 after buying an additional 91 shares during the period. Finally, Creative Financial Designs Inc. ADV raised its holdings in Vanguard Utilities ETF by 0.9% in the third quarter. Creative Financial Designs Inc. ADV now owns 10,034 shares of the company’s stock valued at $1,746,000 after buying an additional 91 shares during the period.

Vanguard Utilities ETF Stock Performance

NYSEARCA VPU opened at $173.28 on Friday. Vanguard Utilities ETF has a one year low of $131.10 and a one year high of $180.04. The company’s 50 day moving average price is $167.17 and its 200 day moving average price is $168.77. The firm has a market capitalization of $6.24 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56.

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).