Choate Investment Advisors Cuts Stock Holdings in Vanguard Utilities ETF (NYSEARCA:VPU)

Choate Investment Advisors lessened its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 7.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,382 shares of the company’s stock after selling 357 shares during the quarter. Choate Investment Advisors’ holdings in Vanguard Utilities ETF were worth $716,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VPU. Assetmark Inc. boosted its stake in Vanguard Utilities ETF by 245.6% during the 3rd quarter. Assetmark Inc. now owns 750 shares of the company’s stock worth $131,000 after purchasing an additional 533 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Vanguard Utilities ETF by 43.1% in the third quarter. Oppenheimer & Co. Inc. now owns 3,771 shares of the company’s stock worth $656,000 after buying an additional 1,135 shares in the last quarter. OneDigital Investment Advisors LLC boosted its position in Vanguard Utilities ETF by 8.7% during the third quarter. OneDigital Investment Advisors LLC now owns 4,976 shares of the company’s stock worth $866,000 after acquiring an additional 400 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in Vanguard Utilities ETF by 16.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 4,449 shares of the company’s stock valued at $777,000 after acquiring an additional 619 shares in the last quarter. Finally, Strengthening Families & Communities LLC raised its holdings in Vanguard Utilities ETF by 4.3% in the 3rd quarter. Strengthening Families & Communities LLC now owns 15,527 shares of the company’s stock valued at $2,702,000 after acquiring an additional 635 shares during the last quarter.

Vanguard Utilities ETF Price Performance

Shares of Vanguard Utilities ETF stock opened at $170.80 on Monday. The stock’s 50 day simple moving average is $168.84 and its 200-day simple moving average is $169.85. The stock has a market cap of $9.97 billion, a P/E ratio of 20.64 and a beta of 0.61. Vanguard Utilities ETF has a 1-year low of $135.67 and a 1-year high of $180.04.

About Vanguard Utilities ETF

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).