Vanguard Energy ETF $VDE Stock Position Decreased by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management trimmed its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 27.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 25,766 shares of the company’s stock after selling 9,792 shares during the period. Vanguard Energy ETF accounts for approximately 0.9% of Keudell Morrison Wealth Management’s investment portfolio, making the stock its 23rd biggest holding. Keudell Morrison Wealth Management’s holdings in Vanguard Energy ETF were worth $4,459,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in VDE. LPL Financial LLC increased its holdings in Vanguard Energy ETF by 1.6% in the fourth quarter. LPL Financial LLC now owns 813,753 shares of the company’s stock worth $102,468,000 after buying an additional 12,772 shares during the last quarter. Royal Bank of Canada lifted its stake in Vanguard Energy ETF by 7.0% in the fourth quarter. Royal Bank of Canada now owns 419,368 shares of the company’s stock valued at $52,807,000 after acquiring an additional 27,563 shares during the last quarter. SCS Capital Management LLC lifted its stake in Vanguard Energy ETF by 9.0% in the fourth quarter. SCS Capital Management LLC now owns 370,931 shares of the company’s stock valued at $46,708,000 after acquiring an additional 30,766 shares during the last quarter. BNP Paribas Financial Markets grew its position in Vanguard Energy ETF by 23,247.2% in the second quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock worth $42,106,000 after acquiring an additional 351,963 shares in the last quarter. Finally, PGIM Custom Harvest LLC grew its position in Vanguard Energy ETF by 4.8% in the third quarter. PGIM Custom Harvest LLC now owns 346,193 shares of the company’s stock worth $43,572,000 after acquiring an additional 15,847 shares in the last quarter.

Vanguard Energy ETF Stock Up 0.6%

Shares of VDE opened at $154.68 on Wednesday. The firm has a market cap of $9.68 billion, a price-to-earnings ratio of 14.10 and a beta of 0.42. The company’s fifty day moving average is $162.12 and its 200-day moving average is $152.18. Vanguard Energy ETF has a 12 month low of $118.17 and a 12 month high of $179.34.

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). 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.