Sharpepoint LLC Invests $476,000 in Vanguard Energy ETF (NYSEARCA:VDE)

Sharpepoint LLC bought a new stake in Vanguard Energy ETF (NYSEARCA:VDE) during the fourth quarter, HoldingsChannel reports. The fund bought 3,921 shares of the company’s stock, valued at approximately $476,000.

A number of other large investors have also added to or reduced their stakes in the company. MML Investors Services LLC grew its holdings in shares of Vanguard Energy ETF by 37.9% during the 4th quarter. MML Investors Services LLC now owns 49,384 shares of the company’s stock valued at $5,991,000 after purchasing an additional 13,563 shares during the last quarter. Freedom Investment Management Inc. bought a new position in shares of Vanguard Energy ETF during the fourth quarter valued at about $351,000. GeoWealth Management LLC increased its holdings in shares of Vanguard Energy ETF by 44.0% in the fourth quarter. GeoWealth Management LLC now owns 1,590 shares of the company’s stock worth $193,000 after buying an additional 486 shares during the period. Concourse Financial Group Securities Inc. increased its holdings in shares of Vanguard Energy ETF by 1.8% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 14,478 shares of the company’s stock worth $1,876,000 after buying an additional 254 shares during the period. Finally, Strategic Investment Solutions Inc. IL boosted its holdings in Vanguard Energy ETF by 174.9% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 2,306 shares of the company’s stock valued at $276,000 after acquiring an additional 1,467 shares during the period.

Vanguard Energy ETF Price Performance

VDE opened at $113.43 on Friday. Vanguard Energy ETF has a 1 year low of $103.07 and a 1 year high of $137.41. The stock’s 50 day simple moving average is $121.73 and its 200 day simple moving average is $125.31. The firm has a market cap of $10.53 billion, a price-to-earnings ratio of 15.41 and a beta of 0.94.

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).