Keudell Morrison Wealth Management Invests $4.48 Million in Vanguard Energy ETF $VDE

Keudell Morrison Wealth Management acquired a new stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) in the fourth quarter, Holdings Channel reports. The fund acquired 35,558 shares of the company’s stock, valued at approximately $4,477,000. Vanguard Energy ETF accounts for 0.9% of Keudell Morrison Wealth Management’s investment portfolio, making the stock its 22nd biggest holding.

A number of other institutional investors have also recently added to or reduced their stakes in VDE. OneDigital Investment Advisors LLC boosted its stake in Vanguard Energy ETF by 136.1% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 7,806 shares of the company’s stock valued at $982,000 after purchasing an additional 4,500 shares during the period. Carnegie Investment Counsel bought a new stake in shares of Vanguard Energy ETF during the fourth quarter valued at approximately $563,000. Argentarii LLC acquired a new position in shares of Vanguard Energy ETF during the fourth quarter worth approximately $628,000. Tudor Investment Corp ET AL grew its holdings in Vanguard Energy ETF by 111.9% in the 3rd quarter. Tudor Investment Corp ET AL now owns 29,915 shares of the company’s stock worth $3,765,000 after buying an additional 15,795 shares in the last quarter. Finally, JM2 Capital Inc. acquired a new stake in Vanguard Energy ETF in the 4th quarter valued at approximately $586,000.

Vanguard Energy ETF Price Performance

Shares of Vanguard Energy ETF stock opened at $167.28 on Friday. Vanguard Energy ETF has a 1-year low of $112.71 and a 1-year high of $179.34. The business’s fifty day moving average price is $165.45 and its two-hundred day moving average price is $146.68. The company has a market capitalization of $10.47 billion, a P/E ratio of 14.10 and a beta of 0.45.

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). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.