Pathway Financial Advisors LLC trimmed its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 60.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,599 shares of the company’s stock after selling 2,401 shares during the quarter. Pathway Financial Advisors LLC’s holdings in Vanguard Utilities ETF were worth $207,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the stock. Capital Investment Advisory Services LLC purchased a new stake in shares of Vanguard Utilities ETF during the fourth quarter worth $36,000. Financial Gravity Companies Inc. acquired a new stake in shares of Vanguard Utilities ETF in the fourth quarter valued at about $56,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Vanguard Utilities ETF in the fourth quarter valued at about $76,000. Advisors Preferred LLC grew its position in shares of Vanguard Utilities ETF by 21.9% in the fourth quarter. Advisors Preferred LLC now owns 678 shares of the company’s stock valued at $80,000 after purchasing an additional 122 shares during the last quarter. Finally, First PREMIER Bank acquired a new stake in shares of Vanguard Utilities ETF in the first quarter valued at about $100,000.
VPU stock opened at $129.98 on Friday. Vanguard Utilities ETF has a twelve month low of $108.48 and a twelve month high of $131.37.
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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).
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