Gray Wealth Management Inc. Raises Stock Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Gray Wealth Management Inc. grew its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 13.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,289 shares of the company’s stock after buying an additional 995 shares during the quarter. Gray Wealth Management Inc.’s holdings in Vanguard Utilities ETF were worth $1,355,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. The Manufacturers Life Insurance Company bought a new stake in Vanguard Utilities ETF during the third quarter worth approximately $623,000. Apollon Wealth Management LLC purchased a new position in shares of Vanguard Utilities ETF in the 4th quarter worth approximately $228,000. Park Avenue Securities LLC bought a new position in shares of Vanguard Utilities ETF during the 4th quarter valued at approximately $428,000. Principal Securities Inc. raised its holdings in Vanguard Utilities ETF by 14.3% during the 4th quarter. Principal Securities Inc. now owns 4,795 shares of the company’s stock valued at $784,000 after buying an additional 600 shares during the period. Finally, IFP Advisors Inc raised its holdings in Vanguard Utilities ETF by 50.1% during the 4th quarter. IFP Advisors Inc now owns 914 shares of the company’s stock valued at $149,000 after buying an additional 305 shares during the period.

Vanguard Utilities ETF Stock Up 1.9 %

NYSEARCA VPU opened at $170.80 on Monday. 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 $9.97 billion, a price-to-earnings ratio of 20.64 and a beta of 0.61. The company has a fifty day moving average of $168.84 and a two-hundred day moving average of $169.85.

Vanguard Utilities ETF 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).