Envestnet Portfolio Solutions Inc. Boosts Position in Vanguard Energy ETF (NYSEARCA:VDE)

Envestnet Portfolio Solutions Inc. raised its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 3.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,059 shares of the company’s stock after buying an additional 843 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Energy ETF were worth $3,525,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in VDE. Wealthfront Advisers LLC increased its stake in shares of Vanguard Energy ETF by 444.6% during the fourth quarter. Wealthfront Advisers LLC now owns 5,406,700 shares of the company’s stock valued at $655,887,000 after buying an additional 4,413,992 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Vanguard Energy ETF by 3.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 851,122 shares of the company’s stock worth $104,237,000 after purchasing an additional 24,476 shares during the period. Raymond James Financial Inc. bought a new position in shares of Vanguard Energy ETF during the fourth quarter valued at approximately $31,935,000. HighTower Advisors LLC increased its holdings in Vanguard Energy ETF by 4.3% during the fourth quarter. HighTower Advisors LLC now owns 205,185 shares of the company’s stock valued at $24,891,000 after buying an additional 8,370 shares during the period. Finally, Empower Advisory Group LLC raised its stake in Vanguard Energy ETF by 3.1% in the fourth quarter. Empower Advisory Group LLC now owns 197,841 shares of the company’s stock worth $24,000,000 after buying an additional 5,918 shares in the last quarter.

Vanguard Energy ETF Trading Up 1.7 %

Shares of NYSEARCA VDE opened at $128.98 on Thursday. Vanguard Energy ETF has a 12-month low of $115.51 and a 12-month high of $137.92. The stock’s fifty day simple moving average is $126.13 and its two-hundred day simple moving average is $125.94. The stock has a market capitalization of $11.98 billion, a PE ratio of 13.74 and a beta of 1.22.

Vanguard Energy ETF Profile

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).