Welch Group LLC Makes New Investment in Vanguard Energy ETF $VDE

Welch Group LLC bought a new stake in Vanguard Energy ETF (NYSEARCA:VDE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,512 shares of the company’s stock, valued at approximately $605,000.

Other institutional investors have also recently made changes to their positions in the company. Matrix Private Capital Group LLC bought a new stake in shares of Vanguard Energy ETF in the 1st quarter worth about $33,000. Signaturefd LLC bought a new position in Vanguard Energy ETF during the 3rd quarter valued at about $41,000. Coastline Trust Co bought a new position in Vanguard Energy ETF during the 3rd quarter valued at about $43,000. NORTHSTAR ASSET MANAGEMENT Co purchased a new stake in Vanguard Energy ETF in the 3rd quarter worth about $57,000. Finally, Community Financial Services Group LLC purchased a new stake in Vanguard Energy ETF in the 2nd quarter worth about $60,000.

Vanguard Energy ETF Price Performance

Shares of NYSEARCA VDE opened at $187.38 on Tuesday. The company has a market cap of $11.29 billion, a P/E ratio of 14.10 and a beta of 0.50. Vanguard Energy ETF has a 1 year low of $122.08 and a 1 year high of $195.80. The firm has a 50-day simple moving average of $182.22 and a two-hundred day simple moving average of $165.57.

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.