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Cetera Investment Advisers boosted holdings in utilities and energy ETFs, while other firms cut back.
Cetera Investment Advisers increased its holdings in both Vanguard Utilities ETF (VPU) and Vanguard Energy ETF (VDE) by 6.9% and 6.1% respectively in the first quarter, acquiring additional shares worth over $37 million and $33 million.
Meanwhile, Avantax Advisory Services Inc. and Angeles Wealth Management LLC reduced their stakes in VPU.
Both ETFs track indices of U.S. utilities and energy sectors.
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Cetera Investment Advisers aumentó sus participaciones en ETF de servicios públicos y energía, mientras que otras empresas redujeron.