Atomi Financial Group Inc. Cuts Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Atomi Financial Group Inc. has reportedly decreased its holdings in the Vanguard Utilities ETF (NYSEARCA:VPU) by 3.1% during the third quarter of this year. This information comes from their latest 13F filing with the SEC. As a result of this reduction, Atomi now owns 2,412 shares of Vanguard Utilities ETF after selling a total of 77 shares during the quarter. The current value of Atomi Financial Group's stake in the ETF stands at approximately $420,000 based on the recent filing.

In addition to Atomi, several other institutional investors and hedge funds have also made adjustments to their positions in the Vanguard Utilities ETF. In the second quarter, Headlands Technologies LLC entered a new investment worth $25,000 in the fund. Meanwhile, Register Financial Advisors LLC and Clean Yield Group purchased stakes worth $27,000 and $37,000, respectively, during the first quarter. Ashton Thomas Private Wealth LLC and ORG Partners LLC also added new positions in the second quarter, valued at $37,000 and $40,000 correspondingly.

Overview of Vanguard Utilities ETF Performance

The Vanguard Utilities ETF shares began trading at $170.71 on Friday. Currently, the stock boasts a fifty-day moving average of $166.52 and a 200-day moving average of $155.41. The ETF has a market capitalization of around $6.15 billion, a price-to-earnings ratio of 20.65, and a beta of 0.56, indicating lower volatility compared to the broader market. Throughout the past year, the ETF has fluctuated, reaching a low of $123.31 and a high of $176.35.

About Vanguard Utilities ETF

The Vanguard Utilities ETF is an exchange-traded fund that falls under the Vanguard Utilities Index Fund. It is designed to mirror the performance of the Morgan Stanley Capital International United States Investable Market Utilities Index. This index comprises stocks from a variety of U.S. companies in the utilities sector, ranging from large to small-sized firms as classified under the Global Industry Classification Standard (GICS).

Additional Insights

As the market evolves, many investors may seek to understand the shifting landscape of the Vanguard Utilities ETF and its related stocks. Regular monitoring of changes in institutional holdings can provide valuable insights for investment strategies.

Vanguard, Utilities, ETF