Marotta Asset Management purchased a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,095 shares of the company’s stock, valued at approximately $286,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Koshinski Asset Management Inc. boosted its holdings in Vanguard Energy ETF by 2.3% during the fourth quarter. Koshinski Asset Management Inc. now owns 6,611 shares of the company’s stock worth $343,000 after buying an additional 147 shares in the last quarter. Foundations Investment Advisors LLC lifted its position in shares of Vanguard Energy ETF by 4.8% during the 1st quarter. Foundations Investment Advisors LLC now owns 3,783 shares of the company’s stock valued at $258,000 after acquiring an additional 173 shares during the period. SOL Capital Management CO boosted its stake in shares of Vanguard Energy ETF by 3.3% during the 4th quarter. SOL Capital Management CO now owns 6,788 shares of the company’s stock worth $352,000 after acquiring an additional 218 shares in the last quarter. Nachman Norwood & Parrott Inc grew its holdings in shares of Vanguard Energy ETF by 3.1% in the 4th quarter. Nachman Norwood & Parrott Inc now owns 9,051 shares of the company’s stock worth $469,000 after acquiring an additional 274 shares during the period. Finally, FormulaFolio Investments LLC increased its stake in Vanguard Energy ETF by 5.3% in the 4th quarter. FormulaFolio Investments LLC now owns 5,875 shares of the company’s stock valued at $305,000 after purchasing an additional 294 shares in the last quarter.
VDE traded down $0.54 during trading on Friday, reaching $66.78. 869,533 shares of the stock were exchanged, compared to its average volume of 1,294,609. Vanguard Energy ETF has a 1 year low of $36.62 and a 1 year high of $75.60. The business’s 50 day moving average price is $69.44 and its two-hundred day moving average price is $54.98.
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).
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