Strait & Sound Wealth Management LLC Cuts Stock Holdings in Vanguard Energy ETF $VDE

Strait & Sound Wealth Management LLC trimmed its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 9.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,350 shares of the company’s stock after selling 252 shares during the period. Strait & Sound Wealth Management LLC’s holdings in Vanguard Energy ETF were worth $280,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC boosted its position in Vanguard Energy ETF by 0.8% during the second quarter. Brighton Jones LLC now owns 19,071 shares of the company’s stock valued at $2,272,000 after buying an additional 157 shares during the period. Focus Partners Advisor Solutions LLC boosted its position in Vanguard Energy ETF by 28.1% during the second quarter. Focus Partners Advisor Solutions LLC now owns 3,429 shares of the company’s stock valued at $409,000 after buying an additional 752 shares during the period. Kathleen S. Wright Associates Inc. boosted its position in Vanguard Energy ETF by 25.0% during the second quarter. Kathleen S. Wright Associates Inc. now owns 1,000 shares of the company’s stock valued at $119,000 after buying an additional 200 shares during the period. Freedom Investment Management Inc. purchased a new stake in Vanguard Energy ETF during the second quarter valued at about $1,871,000. Finally, Brookstone Capital Management boosted its position in Vanguard Energy ETF by 89.7% during the second quarter. Brookstone Capital Management now owns 14,640 shares of the company’s stock valued at $1,744,000 after buying an additional 6,922 shares during the period.

Vanguard Energy ETF Stock Down 0.9%

NYSEARCA VDE opened at $124.60 on Friday. The company has a 50-day simple moving average of $124.50 and a two-hundred day simple moving average of $120.36. Vanguard Energy ETF has a 12-month low of $103.07 and a 12-month high of $137.41. The firm has a market cap of $7.16 billion, a price-to-earnings ratio of 14.10 and a beta of 1.39.

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).