Royal Fund Management LLC Boosts Stock Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Royal Fund Management LLC boosted its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 17.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,091 shares of the company’s stock after purchasing an additional 1,374 shares during the period. Royal Fund Management LLC’s holdings in Vanguard Utilities ETF were worth $1,251,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Heritage Wealth Management LLC purchased a new position in Vanguard Utilities ETF in the fourth quarter valued at approximately $233,000. Glass Jacobson Investment Advisors llc lifted its stake in Vanguard Utilities ETF by 22.3% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 7,543 shares of the company’s stock valued at $1,034,000 after purchasing an additional 1,374 shares during the last quarter. Anchor Investment Management LLC purchased a new position in Vanguard Utilities ETF in the fourth quarter valued at approximately $449,000. Citigroup Inc. raised its holdings in Vanguard Utilities ETF by 154.4% during the 3rd quarter. Citigroup Inc. now owns 12,269 shares of the company’s stock valued at $1,565,000 after acquiring an additional 7,447 shares during the period. Finally, First Bancorp Inc ME raised its holdings in Vanguard Utilities ETF by 1.9% during the 4th quarter. First Bancorp Inc ME now owns 6,312 shares of the company’s stock valued at $865,000 after acquiring an additional 117 shares during the period.

Vanguard Utilities ETF Stock Performance

VPU stock traded up $1.12 during midday trading on Friday, reaching $148.68. 143,441 shares of the company’s stock traded hands, compared to its average volume of 222,553. The company has a 50-day moving average price of $140.08 and a two-hundred day moving average price of $135.87. Vanguard Utilities ETF has a 52 week low of $118.81 and a 52 week high of $150.93. The firm has a market capitalization of $5.35 billion, a PE ratio of 20.65 and a beta of 0.56.

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).