Wingate Wealth Advisors Inc. Purchases New Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Wingate Wealth Advisors Inc. purchased a new stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) in the 4th quarter, Holdings Channel reports. The fund purchased 447 shares of the company’s stock, valued at approximately $73,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company bought a new position in shares of Vanguard Utilities ETF in the third quarter worth about $623,000. Park Avenue Securities LLC bought a new position in shares of Vanguard Utilities ETF in the fourth quarter worth about $428,000. Signaturefd LLC raised its stake in shares of Vanguard Utilities ETF by 64.5% in the third quarter. Signaturefd LLC now owns 232 shares of the company’s stock worth $40,000 after acquiring an additional 91 shares during the last quarter. Glassy Mountain Advisors Inc. raised its stake in shares of Vanguard Utilities ETF by 10.7% in the fourth quarter. Glassy Mountain Advisors Inc. now owns 16,034 shares of the company’s stock worth $2,620,000 after acquiring an additional 1,549 shares during the last quarter. Finally, Assetmark Inc. raised its stake in shares of Vanguard Utilities ETF by 245.6% in the third quarter. Assetmark Inc. now owns 750 shares of the company’s stock worth $131,000 after acquiring an additional 533 shares during the last quarter.

Vanguard Utilities ETF Price Performance

Shares of NYSEARCA:VPU opened at $170.48 on Tuesday. Vanguard Utilities ETF has a one year low of $128.05 and a one year high of $180.04. The company has a 50 day moving average of $167.17 and a 200-day moving average of $168.02. The stock has a market cap of $6.14 billion, a price-to-earnings 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).