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

Choate Investment Advisors cut its holdings in Vanguard Utilities ETF (NYSEARCA:VPU) by 7.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,382 shares of the company’s stock after selling 357 shares during the period. Choate Investment Advisors’ holdings in Vanguard Utilities ETF were worth $716,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Maltin Wealth Management Inc. boosted its position in shares of Vanguard Utilities ETF by 1.5% during the fourth quarter. Maltin Wealth Management Inc. now owns 4,248 shares of the company’s stock worth $694,000 after acquiring an additional 61 shares during the last quarter. Tortoise Investment Management LLC lifted its stake in Vanguard Utilities ETF by 5.4% in the 4th quarter. Tortoise Investment Management LLC now owns 1,373 shares of the company’s stock worth $224,000 after purchasing an additional 70 shares in the last quarter. EP Wealth Advisors LLC boosted its holdings in shares of Vanguard Utilities ETF by 1.0% during the 3rd quarter. EP Wealth Advisors LLC now owns 6,912 shares of the company’s stock valued at $1,203,000 after purchasing an additional 71 shares during the last quarter. Tilia Fiduciary Partners Inc. grew its position in shares of Vanguard Utilities ETF by 3.0% during the fourth quarter. Tilia Fiduciary Partners Inc. now owns 2,847 shares of the company’s stock valued at $465,000 after purchasing an additional 84 shares in the last quarter. Finally, Saxon Interests Inc. increased its holdings in shares of Vanguard Utilities ETF by 1.3% in the fourth quarter. Saxon Interests Inc. now owns 7,381 shares of the company’s stock worth $1,206,000 after purchasing an additional 92 shares during the last quarter.

Vanguard Utilities ETF Trading Up 1.9 %

Shares of Vanguard Utilities ETF stock opened at $170.80 on Monday. The firm has a market cap of $9.97 billion, a PE ratio of 20.64 and a beta of 0.61. The stock has a 50 day moving average of $168.84 and a 200 day moving average of $169.85. Vanguard Utilities ETF has a 12 month low of $135.67 and a 12 month 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).