Virtus Fund Advisers LLC purchased a new stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 21,199 shares of the company’s stock, valued at approximately $2,098,000.
Several other hedge funds have also added to or reduced their stakes in the company. First PREMIER Bank acquired a new stake in shares of Vanguard Energy ETF during the fourth quarter worth $148,000. First Manhattan Co. increased its position in shares of Vanguard Energy ETF by 125.0% during the fourth quarter. First Manhattan Co. now owns 1,800 shares of the company’s stock worth $178,000 after buying an additional 1,000 shares during the period. Bank of Montreal Can acquired a new stake in shares of Vanguard Energy ETF during the fourth quarter worth $185,000. Fragasso Group Inc. acquired a new stake in shares of Vanguard Energy ETF during the fourth quarter worth $240,000. Finally, Advanced Asset Management Advisors Inc acquired a new stake in shares of Vanguard Energy ETF during the fourth quarter worth $244,000.
Shares of Vanguard Energy ETF (NYSEARCA VDE) opened at $92.12 on Friday. The firm has a market cap of $3,900.00 and a price-to-earnings ratio of 3.38. Vanguard Energy ETF has a 12-month low of $83.80 and a 12-month high of $107.20.
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About Vanguard Energy ETF
Vanguard Energy ETF (the Fund) is an exchange-traded share class of Vanguard Energy Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS).
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