Vanguard Utilities ETF (NYSEARCA:VPU) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 6.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,739 shares of the company’s stock after selling 2,704 shares during the quarter. JPMorgan Chase & Co. owned about 0.10% of Vanguard Utilities ETF worth $6,569,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VPU. Beaird Harris Wealth Management LLC purchased a new stake in Vanguard Utilities ETF during the 3rd quarter worth about $32,000. Optimist Retirement Group LLC acquired a new stake in shares of Vanguard Utilities ETF during the 3rd quarter worth about $226,000. Wilmington Savings Fund Society FSB purchased a new stake in Vanguard Utilities ETF during the third quarter worth approximately $3,551,000. World Investment Advisors LLC acquired a new position in Vanguard Utilities ETF in the third quarter valued at approximately $379,000. Finally, Anchor Investment Management LLC increased its stake in Vanguard Utilities ETF by 7.2% in the third quarter. Anchor Investment Management LLC now owns 5,522 shares of the company’s stock valued at $961,000 after purchasing an additional 373 shares during the last quarter.

Vanguard Utilities ETF Trading Up 1.5 %

Shares of NYSEARCA:VPU opened at $165.97 on Thursday. The firm has a 50 day simple moving average of $168.80 and a 200-day simple moving average of $165.76. Vanguard Utilities ETF has a twelve month low of $128.05 and a twelve month high of $180.04. The company has a market capitalization of $5.97 billion, a PE ratio of 20.65 and a beta of 0.56.

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).