Meridian Wealth Management LLC Purchases 92 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

Meridian Wealth Management LLC raised its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,994 shares of the company’s stock after acquiring an additional 92 shares during the period. Meridian Wealth Management LLC’s holdings in Vanguard Utilities ETF were worth $489,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. LPL Financial LLC boosted its holdings in Vanguard Utilities ETF by 4.8% during the third quarter. LPL Financial LLC now owns 614,776 shares of the company’s stock valued at $107,002,000 after acquiring an additional 28,320 shares during the period. Captrust Financial Advisors raised its position in shares of Vanguard Utilities ETF by 31.0% during the third quarter. Captrust Financial Advisors now owns 195,762 shares of the company’s stock valued at $34,072,000 after buying an additional 46,299 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of Vanguard Utilities ETF during the fourth quarter valued at about $20,003,000. Atria Wealth Solutions Inc. raised its position in shares of Vanguard Utilities ETF by 6.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 99,156 shares of the company’s stock valued at $16,204,000 after buying an additional 5,765 shares during the last quarter. Finally, Stifel Financial Corp raised its position in shares of Vanguard Utilities ETF by 18.9% during the third quarter. Stifel Financial Corp now owns 75,284 shares of the company’s stock valued at $13,103,000 after buying an additional 11,961 shares during the last quarter.

Vanguard Utilities ETF Stock Performance

Shares of VPU opened at $167.84 on Thursday. The company has a 50-day simple moving average of $168.36 and a 200-day simple moving average of $169.57. The firm has a market capitalization of $9.79 billion, a P/E ratio of 20.98 and a beta of 0.65. Vanguard Utilities ETF has a 52 week low of $135.67 and a 52 week high of $180.04.

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).