Garden State Investment Advisory Services LLC Sells 75 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

Garden State Investment Advisory Services LLC lowered its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 4.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,573 shares of the company’s stock after selling 75 shares during the period. Garden State Investment Advisory Services LLC’s holdings in Vanguard Utilities ETF were worth $234,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Beacon Capital Management Inc. raised its position in Vanguard Utilities ETF by 2,772.3% during the first quarter. Beacon Capital Management Inc. now owns 1,169,917 shares of the company’s stock valued at $165,871,000 after purchasing an additional 1,129,186 shares in the last quarter. Cetera Investment Advisers increased its stake in Vanguard Utilities ETF by 846.2% in the 1st quarter. Cetera Investment Advisers now owns 198,388 shares of the company’s stock worth $28,286,000 after purchasing an additional 177,422 shares during the period. Cetera Advisors LLC lifted its position in Vanguard Utilities ETF by 750.6% in the first quarter. Cetera Advisors LLC now owns 81,534 shares of the company’s stock valued at $11,625,000 after purchasing an additional 71,949 shares during the last quarter. UBS Group AG boosted its stake in shares of Vanguard Utilities ETF by 22.9% during the fourth quarter. UBS Group AG now owns 311,149 shares of the company’s stock valued at $42,649,000 after purchasing an additional 57,923 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of Vanguard Utilities ETF by 2,878.6% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 52,691 shares of the company’s stock worth $7,513,000 after purchasing an additional 50,922 shares during the last quarter.

Vanguard Utilities ETF Stock Up 2.4 %

NYSEARCA:VPU opened at $172.84 on Friday. The firm has a market capitalization of $6.22 billion, a P/E ratio of 20.65 and a beta of 0.56. The company has a fifty day moving average of $161.29 and a 200 day moving average of $152.13. Vanguard Utilities ETF has a 52 week low of $118.81 and a 52 week high of $173.11.

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).