Nelson Capital Management LLC Cuts Position in Vanguard Utilities ETF (NYSEARCA:VPU)

Nelson Capital Management LLC trimmed its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 0.3% during the 4th quarter, Holdings Channel reports. The fund owned 56,983 shares of the company’s stock after selling 143 shares during the period. Vanguard Utilities ETF makes up approximately 1.5% of Nelson Capital Management LLC’s investment portfolio, making the stock its 15th biggest position. Nelson Capital Management LLC’s holdings in Vanguard Utilities ETF were worth $9,312,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Financial Concepts LLC purchased a new stake in Vanguard Utilities ETF during the fourth quarter valued at approximately $20,003,000. Invst LLC increased its position in shares of Vanguard Utilities ETF by 3,335.1% during the 3rd quarter. Invst LLC now owns 49,672 shares of the company’s stock valued at $8,645,000 after purchasing an additional 48,226 shares during the last quarter. Captrust Financial Advisors lifted its position in Vanguard Utilities ETF by 31.0% in the third quarter. Captrust Financial Advisors now owns 195,762 shares of the company’s stock worth $34,072,000 after buying an additional 46,299 shares during the last quarter. L & S Advisors Inc purchased a new position in Vanguard Utilities ETF during the third quarter worth $6,153,000. Finally, LPL Financial LLC lifted its holdings in shares of Vanguard Utilities ETF by 4.8% in the 3rd quarter. LPL Financial LLC now owns 614,776 shares of the company’s stock worth $107,002,000 after acquiring an additional 28,320 shares during the last quarter.

Vanguard Utilities ETF Trading Down 0.4 %

NYSEARCA VPU opened at $171.95 on Wednesday. The company’s 50-day moving average price is $167.52 and its 200-day moving average price is $169.22. Vanguard Utilities ETF has a 12 month low of $131.10 and a 12 month high of $180.04. The stock has a market cap of $10.03 billion, a PE ratio of 20.98 and a beta of 0.65.

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).