RIA Advisory Group LLC Purchases New Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

RIA Advisory Group LLC purchased a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 29,209 shares of the company’s stock, valued at approximately $4,004,000. Vanguard Utilities ETF comprises about 1.2% of RIA Advisory Group LLC’s holdings, making the stock its 12th biggest position.

Several other hedge funds have also added to or reduced their stakes in the company. Eqis Capital Management Inc. lifted its stake in Vanguard Utilities ETF by 2.7% in the first quarter. Eqis Capital Management Inc. now owns 2,453 shares of the company’s stock valued at $397,000 after buying an additional 65 shares during the period. Neuberger Berman Group LLC lifted its stake in Vanguard Utilities ETF by 1.8% in the fourth quarter. Neuberger Berman Group LLC now owns 4,598 shares of the company’s stock valued at $705,000 after buying an additional 81 shares during the period. Colonial River Wealth Management LLC lifted its stake in Vanguard Utilities ETF by 2.0% in the third quarter. Colonial River Wealth Management LLC now owns 4,209 shares of the company’s stock valued at $537,000 after buying an additional 84 shares during the period. Huntington National Bank raised its position in Vanguard Utilities ETF by 1.6% in the 3rd quarter. Huntington National Bank now owns 5,535 shares of the company’s stock valued at $706,000 after buying an additional 86 shares during the last quarter. Finally, Kennedy Investment Group raised its position in Vanguard Utilities ETF by 1.2% in the 4th quarter. Kennedy Investment Group now owns 6,998 shares of the company’s stock valued at $959,000 after buying an additional 86 shares during the last quarter.

Vanguard Utilities ETF Stock Performance

Vanguard Utilities ETF stock traded up $2.10 during midday trading on Friday, reaching $141.62. The stock had a trading volume of 131,517 shares, compared to its average volume of 232,562. The firm’s fifty day simple moving average is $137.26 and its 200-day simple moving average is $134.37. Vanguard Utilities ETF has a 1-year low of $118.81 and a 1-year high of $152.55. The stock has a market capitalization of $5.10 billion, a P/E ratio of 19.85 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).