NewEdge Advisors LLC Purchases 46,680 Shares of Vanguard Energy ETF $VDE

NewEdge Advisors LLC increased its position in Vanguard Energy ETF (NYSEARCA:VDE) by 209.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,931 shares of the company’s stock after buying an additional 46,680 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Energy ETF were worth $11,928,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VDE. Glenmede Trust Co. NA increased its stake in Vanguard Energy ETF by 11.2% in the 1st quarter. Glenmede Trust Co. NA now owns 1,290 shares of the company’s stock worth $223,000 after acquiring an additional 130 shares during the last quarter. Raab & Moskowitz Asset Management LLC raised its holdings in shares of Vanguard Energy ETF by 18.2% during the 1st quarter. Raab & Moskowitz Asset Management LLC now owns 6,044 shares of the company’s stock worth $1,046,000 after acquiring an additional 931 shares in the last quarter. SHUTTLEWORTH & Co boosted its position in shares of Vanguard Energy ETF by 0.6% during the 1st quarter. SHUTTLEWORTH & Co now owns 12,829 shares of the company’s stock valued at $2,220,000 after acquiring an additional 78 shares during the last quarter. TrueWealth Financial Partners bought a new position in shares of Vanguard Energy ETF during the 1st quarter valued at approximately $14,706,000. Finally, Western Wealth Management LLC grew its holdings in shares of Vanguard Energy ETF by 2.4% in the first quarter. Western Wealth Management LLC now owns 4,503 shares of the company’s stock valued at $779,000 after purchasing an additional 104 shares in the last quarter.

Vanguard Energy ETF Stock Performance

Shares of VDE opened at $162.37 on Friday. The stock has a market capitalization of $9.74 billion, a PE ratio of 14.10 and a beta of 0.43. The company’s fifty day moving average is $159.46 and its 200 day moving average is $159.22. Vanguard Energy ETF has a fifty-two week low of $118.17 and a fifty-two week 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.