World Equity Group Inc. Increases Position in Vanguard Utilities ETF (NYSEARCA:VPU)

World Equity Group Inc. lifted its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 100.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,604 shares of the company’s stock after purchasing an additional 1,302 shares during the period. World Equity Group Inc.’s holdings in Vanguard Utilities ETF were worth $426,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Golden State Wealth Management LLC purchased a new position in Vanguard Utilities ETF during the fourth quarter valued at $28,000. Ashton Thomas Securities LLC purchased a new position in Vanguard Utilities ETF during the third quarter valued at $29,000. Twin Lakes Capital Management LLC purchased a new position in Vanguard Utilities ETF during the third quarter valued at $30,000. Beaird Harris Wealth Management LLC purchased a new position in Vanguard Utilities ETF during the third quarter valued at $32,000. Finally, Signaturefd LLC grew its stake in Vanguard Utilities ETF by 64.5% during the third quarter. Signaturefd LLC now owns 232 shares of the company’s stock valued at $40,000 after acquiring an additional 91 shares in the last quarter.

Vanguard Utilities ETF Stock Performance

VPU opened at $173.28 on Monday. The stock has a market capitalization of $6.24 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56. The company has a fifty day moving average of $167.28 and a 200 day moving average of $169.04. Vanguard Utilities ETF has a fifty-two week low of $131.10 and a fifty-two week high of $180.04.

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).