Parallel Advisors LLC Increases Stake in Vanguard Energy ETF (NYSEARCA:VDE)

Parallel Advisors LLC lifted its position in Vanguard Energy ETF (NYSEARCA:VDE) by 7.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,865 shares of the company’s stock after acquiring an additional 2,170 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard Energy ETF were worth $4,193,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC lifted its holdings in shares of Vanguard Energy ETF by 34.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,268 shares of the company’s stock worth $694,000 after acquiring an additional 1,349 shares during the last quarter. Norden Group LLC bought a new stake in shares of Vanguard Energy ETF in the 1st quarter worth about $503,000. Opal Wealth Advisors LLC bought a new stake in shares of Vanguard Energy ETF in the 1st quarter worth about $79,000. GAMMA Investing LLC bought a new stake in Vanguard Energy ETF during the 1st quarter valued at about $31,000. Finally, Choreo LLC lifted its holdings in Vanguard Energy ETF by 173.2% during the 2nd quarter. Choreo LLC now owns 7,487 shares of the company’s stock valued at $955,000 after buying an additional 4,747 shares in the last quarter.

Vanguard Energy ETF Price Performance

Shares of VDE opened at $119.23 on Friday. Vanguard Energy ETF has a 1-year low of $110.51 and a 1-year high of $137.92. The company has a 50-day moving average of $125.40 and a 200 day moving average of $127.69. The firm has a market capitalization of $7.96 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).