North Star Asset Management Inc. Invests $2.72 Million in Vanguard Energy ETF $VDE

North Star Asset Management Inc. bought a new stake in Vanguard Energy ETF (NYSEARCA:VDE) during the 2nd quarter, HoldingsChannel reports. The fund bought 18,094 shares of the company’s stock, valued at approximately $2,717,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. SouthState Bank Corp purchased a new position in Vanguard Energy ETF during the fourth quarter worth about $27,000. Strive Financial Group LLC purchased a new stake in Vanguard Energy ETF in the 4th quarter valued at approximately $31,000. Godfrey Financial Associates Inc. purchased a new stake in Vanguard Energy ETF in the 4th quarter valued at approximately $33,000. Matrix Private Capital Group LLC acquired a new position in Vanguard Energy ETF during the 1st quarter worth approximately $33,000. Finally, Franklin Resources Inc. increased its position in Vanguard Energy ETF by 3,055.6% during the 4th quarter. Franklin Resources Inc. now owns 284 shares of the company’s stock worth $36,000 after purchasing an additional 275 shares during the period.

Vanguard Energy ETF Trading Down 0.1%

Shares of VDE stock opened at $175.74 on Friday. The company has a market cap of $10.54 billion, a price-to-earnings ratio of 14.10 and a beta of 0.43. The stock has a 50 day simple moving average of $163.63 and a 200-day simple moving average of $162.73. Vanguard Energy ETF has a 12-month low of $119.84 and a 12-month high of $182.15.

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.