Ellis Investment Partners LLC Makes New Investment in Vanguard Utilities ETF (NYSEARCA:VPU)

Ellis Investment Partners LLC bought a new position in Vanguard Utilities ETF (NYSEARCA:VPU) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,224 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wealthcare Advisory Partners LLC raised its stake in shares of Vanguard Utilities ETF by 11.7% in the first quarter. Wealthcare Advisory Partners LLC now owns 2,772 shares of the company’s stock worth $395,000 after buying an additional 291 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Vanguard Utilities ETF by 2.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,869 shares of the company’s stock worth $552,000 after buying an additional 87 shares during the period. Register Financial Advisors LLC bought a new position in shares of Vanguard Utilities ETF in the first quarter worth about $27,000. Exchange Capital Management Inc. raised its stake in shares of Vanguard Utilities ETF by 1.1% in the first quarter. Exchange Capital Management Inc. now owns 19,584 shares of the company’s stock worth $2,792,000 after buying an additional 218 shares during the period. Finally, Stapp Wealth Management Pllc raised its stake in shares of Vanguard Utilities ETF by 32.2% in the first quarter. Stapp Wealth Management Pllc now owns 15,232 shares of the company’s stock worth $2,172,000 after buying an additional 3,709 shares during the period.

Vanguard Utilities ETF Stock Down 1.4 %

NYSEARCA VPU opened at $172.95 on Monday. The stock’s 50-day moving average price is $169.84 and its 200-day moving average price is $158.07. Vanguard Utilities ETF has a 52 week low of $126.18 and a 52 week high of $177.51. The company has a market capitalization of $6.23 billion, a P/E 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).