Vanguard Energy ETF (NYSEARCA:VDE) Position Reduced by Asset Management Group Inc.

Asset Management Group Inc. reduced its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,719 shares of the company’s stock after selling 287 shares during the period. Asset Management Group Inc.’s holdings in Vanguard Energy ETF were worth $1,240,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Beacon Capital Management Inc. increased its holdings in Vanguard Energy ETF by 222.4% in the first quarter. Beacon Capital Management Inc. now owns 1,324,346 shares of the company’s stock valued at $175,569,000 after buying an additional 913,542 shares during the last quarter. Cetera Investment Advisers lifted its stake in Vanguard Energy ETF by 930.9% during the first quarter. Cetera Investment Advisers now owns 283,453 shares of the company’s stock worth $37,331,000 after purchasing an additional 255,958 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in Vanguard Energy ETF by 13,105.7% in the second quarter. Strategic Financial Concepts LLC now owns 228,194 shares of the company’s stock worth $29,111,000 after purchasing an additional 226,466 shares during the period. The Manufacturers Life Insurance Company increased its stake in Vanguard Energy ETF by 19.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 849,158 shares of the company’s stock valued at $99,589,000 after purchasing an additional 140,274 shares during the last quarter. Finally, Allen Wealth Management LLC acquired a new stake in shares of Vanguard Energy ETF during the fourth quarter worth $9,596,000.

Vanguard Energy ETF Stock Performance

Vanguard Energy ETF stock opened at $124.17 on Friday. Vanguard Energy ETF has a 1 year low of $110.51 and a 1 year high of $137.92. The firm’s 50-day moving average is $125.10 and its 200-day moving average is $127.73. The company has a market cap of $8.29 billion, a P/E ratio of 8.22 and a beta of 0.51.

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).