2024-04-18 15:23:40 ET
Summary
- VPU, the Vanguard Utilities Index Fund ETF, is being evaluated as an investment option at its current market price.
- I recommend a "buy" rating on VPU due to the uptick in volatility and the defensive nature of the utilities sector.
- VPU has been lagging behind the market but presents a potential opportunity for investors going forward.
Main Thesis & Background
The purpose of this article is to evaluate the Vanguard Utilities Index Fund ETF Shares ( VPU ) as an investment option at its current market price. The fund's stated objective is "to track the performance of a benchmark index that measures the investment return of stocks in the utilities sector" and is managed by Vanguard....
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For further details see:
VPU: Utilities Are Still A Way To Balance My Portfolio