Bank of Montreal Can Reduces Stake in Vanguard Utilities ETF (NYSEARCA:VPU)

Bank of Montreal Can trimmed its position in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 9.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,324 shares of the company’s stock after selling 245 shares during the quarter. Bank of Montreal Can’s holdings in Vanguard Utilities ETF were worth $380,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Ritter Daniher Financial Advisory LLC DE acquired a new stake in shares of Vanguard Utilities ETF in the fourth quarter valued at approximately $29,000. Hurley Capital LLC acquired a new stake in Vanguard Utilities ETF during the 4th quarter valued at $43,000. KCM Investment Advisors LLC increased its position in Vanguard Utilities ETF by 1.2% during the fourth quarter. KCM Investment Advisors LLC now owns 36,148 shares of the company’s stock worth $5,907,000 after buying an additional 412 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Vanguard Utilities ETF by 16.4% in the fourth quarter. Wells Fargo & Company MN now owns 273,666 shares of the company’s stock worth $44,723,000 after acquiring an additional 38,478 shares during the last quarter. Finally, Atlas Capital Advisors Inc. lifted its position in shares of Vanguard Utilities ETF by 1.8% in the fourth quarter. Atlas Capital Advisors Inc. now owns 3,652 shares of the company’s stock valued at $597,000 after acquiring an additional 64 shares in the last quarter.

Vanguard Utilities ETF Stock Up 2.7 %

VPU opened at $169.23 on Wednesday. The firm has a market cap of $9.87 billion, a P/E ratio of 20.16 and a beta of 0.57. The business’s fifty day simple moving average is $168.55 and its 200 day simple moving average is $169.35. Vanguard Utilities ETF has a 52 week low of $141.84 and a 52 week 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).