City State Bank Boosts Position in Vanguard Utilities ETF (NYSEARCA:VPU)

City State Bank boosted its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 2.4% during the first quarter, Holdings Channel reports. The firm owned 5,606 shares of the company’s stock after buying an additional 130 shares during the quarter. City State Bank’s holdings in Vanguard Utilities ETF were worth $958,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VPU. Wealthfront Advisers LLC boosted its position in Vanguard Utilities ETF by 93,677.4% during the fourth quarter. Wealthfront Advisers LLC now owns 4,582,900 shares of the company’s stock worth $748,938,000 after purchasing an additional 4,578,013 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Vanguard Utilities ETF by 38.4% in the fourth quarter. Bank of America Corp DE now owns 982,880 shares of the company’s stock worth $160,622,000 after acquiring an additional 272,625 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Vanguard Utilities ETF in the fourth quarter worth $24,659,000. Strategic Financial Concepts LLC acquired a new position in shares of Vanguard Utilities ETF in the fourth quarter worth $20,003,000. Finally, Two Sigma Investments LP acquired a new position in shares of Vanguard Utilities ETF in the fourth quarter worth $17,502,000.

Vanguard Utilities ETF Stock Up 0.4%

NYSEARCA VPU opened at $175.30 on Friday. Vanguard Utilities ETF has a fifty-two week low of $146.45 and a fifty-two week high of $180.04. The stock has a market cap of $10.37 billion, a price-to-earnings ratio of 20.93 and a beta of 0.60. The business has a fifty day moving average of $171.12 and a 200-day moving average of $169.87.

Vanguard Utilities ETF Company 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).