Royal Bank of Canada Lowers Holdings in Vanguard Utilities ETF $VPU

Royal Bank of Canada trimmed its stake in shares of Vanguard Utilities ETF (NYSEARCA:VPU) by 13.8% during the 1st quarter, Holdings Channel reports. The fund owned 182,578 shares of the company’s stock after selling 29,341 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard Utilities ETF were worth $36,175,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Morgan Stanley boosted its position in Vanguard Utilities ETF by 3.4% in the 4th quarter. Morgan Stanley now owns 1,145,923 shares of the company’s stock worth $212,042,000 after purchasing an additional 37,431 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Vanguard Utilities ETF by 3.3% during the 3rd quarter. Bank of America Corp DE now owns 1,006,256 shares of the company’s stock valued at $190,595,000 after purchasing an additional 32,001 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Utilities ETF by 7.3% during the 4th quarter. LPL Financial LLC now owns 893,163 shares of the company’s stock valued at $165,271,000 after purchasing an additional 60,554 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard Utilities ETF by 2.0% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 658,484 shares of the company’s stock valued at $124,723,000 after purchasing an additional 12,760 shares during the period. Finally, New England Private Wealth Advisors LLC lifted its stake in shares of Vanguard Utilities ETF by 1,879.2% in the 4th quarter. New England Private Wealth Advisors LLC now owns 475,432 shares of the company’s stock valued at $88,749,000 after purchasing an additional 451,410 shares during the period.

Vanguard Utilities ETF Stock Performance

Shares of NYSEARCA VPU opened at $191.55 on Tuesday. The company’s fifty day moving average price is $194.62 and its 200 day moving average price is $195.84. Vanguard Utilities ETF has a 1 year low of $178.51 and a 1 year high of $206.10. The company has a market capitalization of $8.48 billion, a PE ratio of 20.60 and a beta of 0.59.

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). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.