TrueWealth Financial Partners Has $14.63 Million Stake in Vanguard Energy ETF (NYSEARCA:VDE)

TrueWealth Financial Partners lessened its position in Vanguard Energy ETF (NYSEARCA:VDE) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,599 shares of the company’s stock after selling 1,408 shares during the period. Vanguard Energy ETF comprises about 9.1% of TrueWealth Financial Partners’ portfolio, making the stock its 5th largest holding. TrueWealth Financial Partners owned 0.18% of Vanguard Energy ETF worth $14,630,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of VDE. Wealthfront Advisers LLC boosted its holdings in shares of Vanguard Energy ETF by 444.6% during the 4th quarter. Wealthfront Advisers LLC now owns 5,406,700 shares of the company’s stock worth $655,887,000 after buying an additional 4,413,992 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Vanguard Energy ETF during the 4th quarter worth about $31,935,000. Wells Fargo & Company MN boosted its holdings in Vanguard Energy ETF by 19.7% in the 4th quarter. Wells Fargo & Company MN now owns 1,180,874 shares of the company’s stock valued at $143,252,000 after purchasing an additional 194,585 shares during the period. Strategic Financial Concepts LLC boosted its holdings in Vanguard Energy ETF by 11,313.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 194,950 shares of the company’s stock valued at $23,649,000 after purchasing an additional 193,242 shares during the period. Finally, Parcion Private Wealth LLC bought a new stake in Vanguard Energy ETF in the 4th quarter valued at about $15,101,000.

Vanguard Energy ETF Stock Down 0.2%

NYSEARCA VDE opened at $119.32 on Friday. The company has a market capitalization of $10.73 billion, a P/E ratio of 13.72 and a beta of 0.79. Vanguard Energy ETF has a 12-month low of $103.07 and a 12-month high of $137.41. The firm has a 50-day moving average price of $117.89 and a two-hundred day moving average price of $123.68.

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).