AdvisorNet Financial Inc Purchases 317 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

AdvisorNet Financial Inc raised its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 46.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 999 shares of the company’s stock after acquiring an additional 317 shares during the quarter. AdvisorNet Financial Inc’s holdings in Vanguard Energy ETF were worth $127,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Merit Financial Group LLC boosted its position in shares of Vanguard Energy ETF by 10.7% in the fourth quarter. Merit Financial Group LLC now owns 1,944 shares of the company’s stock worth $228,000 after purchasing an additional 188 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in Vanguard Energy ETF by 8.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 3,919 shares of the company’s stock worth $460,000 after buying an additional 289 shares during the period. NewEdge Wealth LLC purchased a new stake in Vanguard Energy ETF in the 4th quarter worth $226,000. Bfsg LLC raised its holdings in Vanguard Energy ETF by 6.7% during the fourth quarter. Bfsg LLC now owns 99,040 shares of the company’s stock valued at $11,615,000 after acquiring an additional 6,241 shares during the period. Finally, Blue Chip Partners LLC purchased a new position in shares of Vanguard Energy ETF in the fourth quarter valued at about $351,000.

Vanguard Energy ETF Price Performance

Shares of NYSEARCA:VDE traded up $1.57 during trading on Thursday, hitting $126.52. 190,559 shares of the company’s stock were exchanged, compared to its average volume of 457,078. The business’s 50-day simple moving average is $126.62 and its 200 day simple moving average is $126.79. The company has a market cap of $8.44 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. Vanguard Energy ETF has a 52-week low of $110.51 and a 52-week high of $137.92.

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).