First American Bank Has $1.20 Million Position in Vanguard Utilities ETF (NYSEARCA:VPU)

First American Bank raised its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 6.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,311 shares of the company’s stock after purchasing an additional 420 shares during the period. First American Bank’s holdings in Vanguard Utilities ETF were worth $1,195,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. The Manufacturers Life Insurance Company acquired a new stake in shares of Vanguard Utilities ETF in the third quarter worth $623,000. Apollon Wealth Management LLC acquired a new position in shares of Vanguard Utilities ETF during the fourth quarter valued at about $228,000. Park Avenue Securities LLC bought a new stake in shares of Vanguard Utilities ETF in the fourth quarter valued at about $428,000. Signaturefd LLC grew its position in Vanguard Utilities ETF by 64.5% during the third quarter. Signaturefd LLC now owns 232 shares of the company’s stock worth $40,000 after buying an additional 91 shares in the last quarter. Finally, Principal Securities Inc. increased its stake in Vanguard Utilities ETF by 14.3% during the fourth quarter. Principal Securities Inc. now owns 4,795 shares of the company’s stock valued at $784,000 after acquiring an additional 600 shares during the period.

Vanguard Utilities ETF Trading Down 2.1 %

NYSEARCA VPU opened at $169.07 on Friday. Vanguard Utilities ETF has a 1-year low of $132.10 and a 1-year high of $180.04. The stock’s 50 day moving average is $167.91 and its two-hundred day moving average is $169.24. The company has a market capitalization of $9.87 billion, a price-to-earnings ratio of 20.98 and a beta of 0.65.

Vanguard Utilities ETF 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).