Wealthspire Advisors LLC Acquires 729 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Wealthspire Advisors LLC raised its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 18.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,654 shares of the company’s stock after buying an additional 729 shares during the period. Wealthspire Advisors LLC’s holdings in Vanguard Energy ETF were worth $594,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VDE. UBS Group AG grew its stake in Vanguard Energy ETF by 24.5% in the 4th quarter. UBS Group AG now owns 2,236,851 shares of the company’s stock valued at $262,338,000 after buying an additional 440,740 shares during the last quarter. Beacon Capital Management Inc. boosted its holdings in shares of Vanguard Energy ETF by 222.4% during the first quarter. Beacon Capital Management Inc. now owns 1,324,346 shares of the company’s stock worth $175,569,000 after acquiring an additional 913,542 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of Vanguard Energy ETF by 19.8% in 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. LPL Financial LLC grew its position in shares of Vanguard Energy ETF by 9.8% in the second quarter. LPL Financial LLC now owns 541,783 shares of the company’s stock valued at $69,115,000 after purchasing an additional 48,418 shares during the last quarter. Finally, Stifel Financial Corp increased its stake in shares of Vanguard Energy ETF by 1.4% during the fourth quarter. Stifel Financial Corp now owns 365,083 shares of the company’s stock worth $42,817,000 after purchasing an additional 5,104 shares during the period.

Vanguard Energy ETF Price Performance

VDE opened at $120.84 on Tuesday. The business has a fifty day simple moving average of $125.30 and a 200 day simple moving average of $127.75. Vanguard Energy ETF has a 1 year low of $110.51 and a 1 year high of $137.92. The company has a market capitalization of $8.06 billion, a PE ratio of 8.22 and a beta of 0.51.

About Vanguard Energy ETF

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).