Truist Financial Corp Reduces Stock Position in Vanguard Utilities ETF (NYSEARCA:VPU)

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Truist Financial Corp cut its holdings in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 45.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,234 shares of the company’s stock after selling 46,011 shares during the quarter. Truist Financial Corp owned approximately 0.16% of Vanguard Utilities ETF worth $7,685,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of VPU. Captrust Financial Advisors increased its holdings in Vanguard Utilities ETF by 823.0% during the 2nd quarter. Captrust Financial Advisors now owns 233,806 shares of the company’s stock worth $32,443,000 after purchasing an additional 208,475 shares during the last quarter. J.W. Cole Advisors Inc. increased its holdings in Vanguard Utilities ETF by 2,502.0% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 114,408 shares of the company’s stock worth $23,695,000 after purchasing an additional 110,011 shares during the last quarter. Polianta Ltd acquired a new position in shares of Vanguard Utilities ETF in the 3rd quarter worth approximately $7,805,000. Beacon Capital Management Inc. grew its position in shares of Vanguard Utilities ETF by 4.9% in the 3rd quarter. Beacon Capital Management Inc. now owns 1,176,056 shares of the company’s stock worth $163,636,000 after acquiring an additional 54,962 shares in the last quarter. Finally, Liberty Wealth Management LLC grew its position in shares of Vanguard Utilities ETF by 14,026.3% in the 2nd quarter. Liberty Wealth Management LLC now owns 28,959 shares of the company’s stock worth $209,000 after acquiring an additional 28,754 shares in the last quarter.

Shares of VPU opened at $153.91 on Monday. The business has a 50 day moving average price of $149.89. Vanguard Utilities ETF has a 52 week low of $128.07 and a 52 week high of $156.94.

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).

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