Vanguard Energy ETF (NYSEARCA:VDE) Shares Sold by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC reduced its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 16.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,530 shares of the company’s stock after selling 1,272 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard Energy ETF were worth $860,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Norden Group LLC bought a new stake in Vanguard Energy ETF during the 1st quarter valued at $503,000. SeaCrest Wealth Management LLC lifted its holdings in Vanguard Energy ETF by 3.0% in the first quarter. SeaCrest Wealth Management LLC now owns 11,791 shares of the company’s stock worth $1,553,000 after purchasing an additional 346 shares during the period. Myecfo LLC lifted its holdings in Vanguard Energy ETF by 32.9% in the first quarter. Myecfo LLC now owns 2,507 shares of the company’s stock worth $330,000 after purchasing an additional 620 shares during the period. Nvest Financial LLC lifted its holdings in Vanguard Energy ETF by 1.7% in the first quarter. Nvest Financial LLC now owns 18,426 shares of the company’s stock worth $2,427,000 after purchasing an additional 311 shares during the period. Finally, Woodmont Investment Counsel LLC acquired a new stake in Vanguard Energy ETF in the first quarter worth about $50,000.

Vanguard Energy ETF Trading Up 0.4 %

VDE stock traded up $0.56 during trading on Thursday, hitting $128.25. The company had a trading volume of 176,558 shares, compared to its average volume of 483,565. The firm has a market capitalization of $8.56 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. The business has a 50 day moving average of $128.53 and a 200 day moving average of $124.62. Vanguard Energy ETF has a fifty-two week low of $109.14 and a fifty-two week high of $137.92.

Vanguard Energy ETF Company 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).