Lincoln Capital Corp Acquires 9,363 Shares of Vanguard Utilities ETF (NYSEARCA:VPU)

Lincoln Capital Corp grew its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 363.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,938 shares of the company’s stock after acquiring an additional 9,363 shares during the quarter. Vanguard Utilities ETF comprises about 0.8% of Lincoln Capital Corp’s portfolio, making the stock its 29th largest position. Lincoln Capital Corp’s holdings in Vanguard Utilities ETF were worth $1,636,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VPU. Cedar Wealth Management LLC boosted its stake in Vanguard Utilities ETF by 255.0% in the third quarter. Cedar Wealth Management LLC now owns 284 shares of the company’s stock valued at $36,000 after acquiring an additional 204 shares in the last quarter. Coppell Advisory Solutions Corp. purchased a new position in shares of Vanguard Utilities ETF in the fourth quarter worth about $46,000. ICA Group Wealth Management LLC acquired a new stake in shares of Vanguard Utilities ETF during the fourth quarter worth about $49,000. NBC Securities Inc. acquired a new position in Vanguard Utilities ETF in the 3rd quarter worth approximately $51,000. Finally, True Wealth Design LLC acquired a new stake in shares of Vanguard Utilities ETF in the fourth quarter worth $53,000.

Vanguard Utilities ETF Stock Performance

Shares of Vanguard Utilities ETF stock traded up $3.69 during trading on Wednesday, hitting $141.43. 232,618 shares of the company’s stock were exchanged, compared to its average volume of 243,807. Vanguard Utilities ETF has a 52-week low of $118.81 and a 52-week high of $152.73. The stock has a market capitalization of $5.09 billion, a price-to-earnings ratio of 23.10 and a beta of 0.54. The business has a 50-day simple moving average of $134.39 and a 200-day simple moving average of $133.89.

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).