Royal Bank of Canada Boosts Stock Position in Vanguard Energy ETF $VDE

Royal Bank of Canada lifted its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 17.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 493,318 shares of the company’s stock after acquiring an additional 73,950 shares during the period. Royal Bank of Canada owned approximately 0.79% of Vanguard Energy ETF worth $85,364,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VDE. Carnegie Investment Counsel purchased a new stake in shares of Vanguard Energy ETF in the fourth quarter worth about $563,000. Tudor Investment Corp ET AL boosted its position in shares of Vanguard Energy ETF by 111.9% in the third quarter. Tudor Investment Corp ET AL now owns 29,915 shares of the company’s stock valued at $3,765,000 after acquiring an additional 15,795 shares during the period. Allen Wealth Management LLC grew its stake in Vanguard Energy ETF by 4.4% during the fourth quarter. Allen Wealth Management LLC now owns 100,132 shares of the company’s stock valued at $12,609,000 after acquiring an additional 4,258 shares in the last quarter. Greenwood Gearhart Inc. grew its stake in Vanguard Energy ETF by 6.8% during the fourth quarter. Greenwood Gearhart Inc. now owns 175,649 shares of the company’s stock valued at $22,118,000 after acquiring an additional 11,107 shares in the last quarter. Finally, JM2 Capital Inc. purchased a new position in Vanguard Energy ETF during the fourth quarter valued at approximately $586,000.

Vanguard Energy ETF Trading Up 1.0%

Vanguard Energy ETF stock opened at $167.97 on Friday. Vanguard Energy ETF has a 1-year low of $118.17 and a 1-year high of $179.34. The firm has a market capitalization of $10.07 billion, a PE ratio of 14.10 and a beta of 0.43. The firm’s 50 day simple moving average is $159.32 and its 200 day simple moving average is $158.16.

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.