Merit Financial Group LLC Boosts Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Merit Financial Group LLC raised its stake in Vanguard Utilities ETF (NYSEARCA:VPU) by 17.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,632 shares of the company’s stock after purchasing an additional 393 shares during the period. Merit Financial Group LLC’s holdings in Vanguard Utilities ETF were worth $430,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VPU. The Manufacturers Life Insurance Company acquired a new stake in shares of Vanguard Utilities ETF in the 3rd quarter valued at about $623,000. Signaturefd LLC lifted its stake in Vanguard Utilities ETF by 64.5% in the third quarter. Signaturefd LLC now owns 232 shares of the company’s stock valued at $40,000 after buying an additional 91 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of Vanguard Utilities ETF by 245.6% in the third quarter. Assetmark Inc. now owns 750 shares of the company’s stock valued at $131,000 after acquiring an additional 533 shares during the period. Anchor Investment Management LLC grew its position in shares of Vanguard Utilities ETF by 31.2% during the second quarter. Anchor Investment Management LLC now owns 5,149 shares of the company’s stock worth $762,000 after acquiring an additional 1,223 shares during the last quarter. Finally, Allied Investment Advisors LLC increased its holdings in shares of Vanguard Utilities ETF by 1.0% in the 3rd quarter. Allied Investment Advisors LLC now owns 132,249 shares of the company’s stock valued at $23,018,000 after acquiring an additional 1,324 shares during the period.

Vanguard Utilities ETF Stock Up 0.3 %

VPU opened at $169.61 on Friday. Vanguard Utilities ETF has a 52 week low of $128.05 and a 52 week high of $180.04. The business has a 50 day moving average price of $168.85 and a two-hundred day moving average price of $166.55. The company has a market cap of $6.11 billion, a PE ratio of 20.65 and a beta of 0.56.

About Vanguard Utilities ETF

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).