Vanguard Energy ETF $VDE Position Trimmed by Richmond Brothers Inc.

Richmond Brothers Inc. decreased its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 7.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 51,914 shares of the company’s stock after selling 3,934 shares during the period. Vanguard Energy ETF makes up approximately 4.2% of Richmond Brothers Inc.’s investment portfolio, making the stock its 10th largest position. Richmond Brothers Inc. owned about 0.09% of Vanguard Energy ETF worth $6,537,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. OneDigital Investment Advisors LLC raised its holdings in Vanguard Energy ETF by 136.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 7,806 shares of the company’s stock valued at $982,000 after acquiring an additional 4,500 shares during the last quarter. Carnegie Investment Counsel acquired a new stake in Vanguard Energy ETF in the 4th quarter valued at about $563,000. Argentarii LLC acquired a new stake in Vanguard Energy ETF in the 4th quarter valued at about $628,000. Tudor Investment Corp ET AL raised its holdings in Vanguard Energy ETF by 111.9% in the 3rd quarter. Tudor Investment Corp ET AL now owns 29,915 shares of the company’s stock valued at $3,765,000 after acquiring an additional 15,795 shares during the last quarter. Finally, Allen Wealth Management LLC increased its holdings in shares of Vanguard Energy ETF by 4.4% during the 4th quarter. Allen Wealth Management LLC now owns 100,132 shares of the company’s stock worth $12,609,000 after buying an additional 4,258 shares during the last quarter.

Vanguard Energy ETF Stock Performance

VDE stock opened at $161.10 on Friday. The firm has a market cap of $10.08 billion, a PE ratio of 14.10 and a beta of 0.42. The firm’s 50 day moving average price is $163.93 and its 200-day moving average price is $150.59. Vanguard Energy ETF has a one year low of $118.17 and a one year high of $179.34.

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). 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.