M&T Bank Corp Increases Stake in Vanguard Utilities ETF $VPU

M&T Bank Corp raised its position in Vanguard Utilities ETF (NYSEARCA:VPU) by 187.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 64,791 shares of the company’s stock after purchasing an additional 42,224 shares during the period. M&T Bank Corp’s holdings in Vanguard Utilities ETF were worth $11,989,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bigelow Investment Advisors LLC lifted its holdings in Vanguard Utilities ETF by 6.7% in the 4th quarter. Bigelow Investment Advisors LLC now owns 13,188 shares of the company’s stock valued at $2,440,000 after purchasing an additional 828 shares in the last quarter. Silver Coast Investments LLC lifted its holdings in Vanguard Utilities ETF by 16.6% in the 4th quarter. Silver Coast Investments LLC now owns 2,636 shares of the company’s stock valued at $488,000 after purchasing an additional 376 shares in the last quarter. Bonfire Financial lifted its holdings in Vanguard Utilities ETF by 3.3% in the 4th quarter. Bonfire Financial now owns 6,963 shares of the company’s stock valued at $1,288,000 after purchasing an additional 223 shares in the last quarter. Elevate Wealth Advisory Inc. increased its stake in shares of Vanguard Utilities ETF by 12.5% in the 4th quarter. Elevate Wealth Advisory Inc. now owns 2,398 shares of the company’s stock worth $444,000 after acquiring an additional 267 shares during the last quarter. Finally, Institute for Wealth Management LLC. increased its stake in shares of Vanguard Utilities ETF by 5.3% in the 4th quarter. Institute for Wealth Management LLC. now owns 4,331 shares of the company’s stock worth $801,000 after acquiring an additional 218 shares during the last quarter.

Vanguard Utilities ETF Stock Up 0.1%

Shares of VPU opened at $199.84 on Friday. Vanguard Utilities ETF has a 52-week low of $168.08 and a 52-week high of $206.10. The company has a market capitalization of $8.78 billion, a PE ratio of 20.60 and a beta of 0.66. The stock has a fifty day simple moving average of $200.21 and a two-hundred day simple moving average of $193.89.

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). 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.