NewEdge Advisors LLC Has $5.23 Million Stock Position in Vanguard Energy ETF $VDE

NewEdge Advisors LLC lessened its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 49.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 34,852 shares of the company’s stock after selling 34,079 shares during the period. NewEdge Advisors LLC owned about 0.06% of Vanguard Energy ETF worth $5,232,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of VDE. Royal Bank of Canada grew its stake in Vanguard Energy ETF by 17.6% in the first quarter. Royal Bank of Canada now owns 493,318 shares of the company’s stock valued at $85,364,000 after purchasing an additional 73,950 shares in the last quarter. SCS Capital Management LLC boosted its holdings in shares of Vanguard Energy ETF by 9.0% in the 4th quarter. SCS Capital Management LLC now owns 370,931 shares of the company’s stock valued at $46,708,000 after buying an additional 30,766 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Vanguard Energy ETF by 14.5% in the first quarter. Cetera Investment Advisers now owns 300,782 shares of the company’s stock valued at $52,047,000 after buying an additional 38,015 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Energy ETF by 5.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 276,999 shares of the company’s stock valued at $34,880,000 after buying an additional 14,856 shares in the last quarter. Finally, Ameritas Advisory Services LLC increased its holdings in Vanguard Energy ETF by 43.5% during the second quarter. Ameritas Advisory Services LLC now owns 229,440 shares of the company’s stock worth $34,446,000 after buying an additional 69,496 shares during the last quarter.

Vanguard Energy ETF Trading Down 1.1%

Shares of VDE opened at $181.57 on Tuesday. The company’s fifty day simple moving average is $170.89 and its 200 day simple moving average is $165.13. Vanguard Energy ETF has a 1-year low of $119.84 and a 1-year high of $186.23. The company has a market cap of $10.89 billion, a price-to-earnings ratio of 14.10 and a beta of 0.44.

Vanguard Energy ETF Company 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.