Royal Fund Management LLC Increases Stock Position in Vanguard Energy ETF (NYSEARCA:VDE)

Royal Fund Management LLC increased its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 17.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 15,654 shares of the company’s stock after buying an additional 2,272 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard Energy ETF were worth $1,840,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its holdings in Vanguard Energy ETF by 518.9% during the third quarter. Envestnet Asset Management Inc. now owns 1,059,775 shares of the company’s stock worth $134,316,000 after buying an additional 888,536 shares during the last quarter. LPL Financial LLC increased its holdings in Vanguard Energy ETF by 9.0% during the third quarter. LPL Financial LLC now owns 519,587 shares of the company’s stock worth $65,852,000 after buying an additional 42,838 shares during the last quarter. SCS Capital Management LLC increased its stake in shares of Vanguard Energy ETF by 0.3% in the third quarter. SCS Capital Management LLC now owns 405,874 shares of the company’s stock worth $51,790,000 after purchasing an additional 1,142 shares in the last quarter. Stifel Financial Corp increased its stake in shares of Vanguard Energy ETF by 2.6% in the third quarter. Stifel Financial Corp now owns 359,979 shares of the company’s stock worth $45,624,000 after purchasing an additional 8,978 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Vanguard Energy ETF in the fourth quarter worth about $37,385,000.

Vanguard Energy ETF Price Performance

Shares of VDE traded up $0.10 during trading hours on Friday, hitting $129.17. The company’s stock had a trading volume of 467,859 shares, compared to its average volume of 553,770. The company has a market cap of $8.62 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. The business has a 50 day simple moving average of $129.36 and a two-hundred day simple moving average of $121.96. Vanguard Energy ETF has a 52-week low of $105.51 and a 52-week high of $137.92.

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).