Syon Capital LLC Cuts Stock Holdings in Vanguard Energy ETF $VDE

Syon Capital LLC lowered its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 29.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,287 shares of the company’s stock after selling 6,952 shares during the period. Syon Capital LLC’s holdings in Vanguard Energy ETF were worth $2,050,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Beacon Capital Management Inc. increased its holdings in shares of Vanguard Energy ETF by 17.6% in the 3rd quarter. Beacon Capital Management Inc. now owns 887,129 shares of the company’s stock worth $111,654,000 after purchasing an additional 132,853 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Vanguard Energy ETF by 9.0% during the second quarter. The Manufacturers Life Insurance Company now owns 860,760 shares of the company’s stock valued at $102,534,000 after purchasing an additional 71,067 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Energy ETF by 16.6% during the third quarter. Envestnet Asset Management Inc. now owns 498,588 shares of the company’s stock valued at $62,752,000 after buying an additional 71,068 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Vanguard Energy ETF by 23,247.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock worth $42,106,000 after buying an additional 351,963 shares in the last quarter. Finally, SCS Capital Management LLC increased its holdings in Vanguard Energy ETF by 2.7% in the 2nd quarter. SCS Capital Management LLC now owns 344,174 shares of the company’s stock worth $40,998,000 after buying an additional 9,149 shares in the last quarter.

Vanguard Energy ETF Stock Performance

VDE opened at $154.11 on Thursday. The company’s 50-day simple moving average is $135.88 and its two-hundred day simple moving average is $128.64. The stock has a market capitalization of $8.59 billion, a P/E ratio of 14.10 and a beta of 0.77. Vanguard Energy ETF has a 52-week low of $103.07 and a 52-week high of $155.17.

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.