Athena Investment Management Cuts Stock Holdings in Vanguard Energy ETF (NYSEARCA:VDE)

Athena Investment Management lowered its position in Vanguard Energy ETF (NYSEARCA:VDE) by 0.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,411 shares of the company’s stock after selling 93 shares during the period. Vanguard Energy ETF comprises approximately 0.8% of Athena Investment Management’s investment portfolio, making the stock its 24th biggest position. Athena Investment Management’s holdings in Vanguard Energy ETF were worth $1,328,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC acquired a new stake in Vanguard Energy ETF in the first quarter valued at approximately $31,000. Mather Group LLC. acquired a new stake in Vanguard Energy ETF in the 1st quarter valued at $40,000. Angeles Wealth Management LLC grew its stake in Vanguard Energy ETF by 61.0% in the 4th quarter. Angeles Wealth Management LLC now owns 322 shares of the company’s stock valued at $38,000 after acquiring an additional 122 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Vanguard Energy ETF in the 2nd quarter worth $43,000. Finally, Headlands Technologies LLC acquired a new position in Vanguard Energy ETF during the second quarter worth $47,000.

Vanguard Energy ETF Stock Down 1.7 %

Shares of NYSEARCA VDE opened at $118.29 on Wednesday. Vanguard Energy ETF has a 52-week low of $110.51 and a 52-week high of $137.92. The company’s 50-day simple moving average is $125.95 and its 200-day simple moving average is $127.78. The firm has a market cap of $7.89 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51.

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).