Vanguard Energy ETF (NYSEARCA:VDE) Stake Trimmed by BNP Paribas Financial Markets

BNP Paribas Financial Markets cut its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 70.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,454 shares of the company’s stock after selling 3,458 shares during the quarter. BNP Paribas Financial Markets’ holdings in Vanguard Energy ETF were worth $178,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC acquired a new position in Vanguard Energy ETF during the second quarter valued at $47,000. Banque Cantonale Vaudoise acquired a new position in shares of Vanguard Energy ETF in the 3rd quarter valued at about $48,000. Cedar Wealth Management LLC lifted its position in shares of Vanguard Energy ETF by 38.4% in the second quarter. Cedar Wealth Management LLC now owns 833 shares of the company’s stock worth $106,000 after purchasing an additional 231 shares in the last quarter. Mitchell Sinkler & Starr PA acquired a new stake in shares of Vanguard Energy ETF during the second quarter worth approximately $148,000. Finally, JFS Wealth Advisors LLC purchased a new position in Vanguard Energy ETF during the third quarter valued at approximately $153,000.

Vanguard Energy ETF Stock Down 0.8 %

VDE stock opened at $122.10 on Wednesday. The company has a 50 day moving average of $128.90 and a two-hundred day moving average of $126.74. The company has a market cap of $8.15 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. Vanguard Energy ETF has a 12-month low of $110.51 and a 12-month high of $137.92.

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).