North Forty Two & Co. Purchases New Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

North Forty Two & Co. purchased a new stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,275 shares of the company’s stock, valued at approximately $1,025,000. Vanguard Utilities ETF comprises 1.2% of North Forty Two & Co.’s portfolio, making the stock its 26th biggest position.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Wealthfront Advisers LLC grew its holdings 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 valued at $748,938,000 after purchasing an additional 4,578,013 shares during the period. Raymond James Financial Inc. bought a new position in Vanguard Utilities ETF during the fourth quarter valued at $24,659,000. Strategic Financial Concepts LLC bought a new position in Vanguard Utilities ETF during the fourth quarter valued at $20,003,000. Creative Financial Designs Inc. ADV grew its holdings in Vanguard Utilities ETF by 715.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 81,825 shares of the company’s stock valued at $13,372,000 after purchasing an additional 71,791 shares during the period. Finally, Invst LLC grew its holdings in Vanguard Utilities ETF by 3,335.1% during the third quarter. Invst LLC now owns 49,672 shares of the company’s stock valued at $8,645,000 after purchasing an additional 48,226 shares during the period.

Vanguard Utilities ETF Trading Down 0.7 %

Shares of NYSEARCA VPU opened at $170.42 on Wednesday. The stock has a fifty day simple moving average of $169.11 and a two-hundred day simple moving average of $169.94. Vanguard Utilities ETF has a 1-year low of $135.67 and a 1-year high of $180.04. The firm has a market cap of $9.94 billion, a price-to-earnings 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).