Prime Capital Investment Advisors LLC Grows Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Prime Capital Investment Advisors LLC grew its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 2.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,485 shares of the company’s stock after buying an additional 221 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Vanguard Utilities ETF were worth $1,651,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VPU. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Utilities ETF by 106.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,058,334 shares of the company’s stock valued at $156,549,000 after acquiring an additional 545,178 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Vanguard Utilities ETF by 846.2% during the 1st quarter. Cetera Investment Advisers now owns 198,388 shares of the company’s stock valued at $28,286,000 after purchasing an additional 177,422 shares during the last quarter. Cetera Advisors LLC raised its position in Vanguard Utilities ETF by 750.6% in the 1st quarter. Cetera Advisors LLC now owns 81,534 shares of the company’s stock worth $11,625,000 after purchasing an additional 71,949 shares during the period. LPL Financial LLC lifted its stake in Vanguard Utilities ETF by 6.4% in the second quarter. LPL Financial LLC now owns 586,456 shares of the company’s stock worth $86,749,000 after purchasing an additional 35,307 shares during the last quarter. Finally, Atria Investments Inc purchased a new stake in Vanguard Utilities ETF during the first quarter valued at about $4,315,000.

Vanguard Utilities ETF Trading Down 0.4 %

Shares of NYSEARCA:VPU opened at $168.68 on Friday. The stock has a market capitalization of $6.07 billion, a P/E ratio of 20.65 and a beta of 0.56. The stock’s 50-day moving average price is $171.44 and its 200-day moving average price is $160.68. Vanguard Utilities ETF has a 12-month low of $128.05 and a 12-month high of $177.51.

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).