Financial Management Network Inc. Sells 1,279 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Financial Management Network Inc. reduced its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 13.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 8,506 shares of the company’s stock after selling 1,279 shares during the quarter. Financial Management Network Inc.’s holdings in Vanguard Energy ETF were worth $1,053,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VDE. CWM LLC increased its stake in shares of Vanguard Energy ETF by 195.0% in the 3rd quarter. CWM LLC now owns 1,935 shares of the company’s stock valued at $237,000 after acquiring an additional 1,279 shares during the last quarter. Creative Planning increased its stake in shares of Vanguard Energy ETF by 4.1% in the 3rd quarter. Creative Planning now owns 68,530 shares of the company’s stock valued at $8,393,000 after acquiring an additional 2,713 shares during the last quarter. Warner Financial Inc. increased its stake in shares of Vanguard Energy ETF by 1.1% in the 3rd quarter. Warner Financial Inc. now owns 9,031 shares of the company’s stock valued at $1,106,000 after acquiring an additional 100 shares during the last quarter. My Personal CFO LLC increased its stake in shares of Vanguard Energy ETF by 1.1% in the 3rd quarter. My Personal CFO LLC now owns 16,455 shares of the company’s stock valued at $2,015,000 after acquiring an additional 173 shares during the last quarter. Finally, RBA Wealth Management LLC increased its stake in shares of Vanguard Energy ETF by 5.0% in the 3rd quarter. RBA Wealth Management LLC now owns 2,564 shares of the company’s stock valued at $314,000 after acquiring an additional 121 shares during the last quarter.

Vanguard Energy ETF Price Performance

Shares of VDE stock opened at $127.90 on Wednesday. The stock has a market cap of $8.53 billion, a PE ratio of 8.22 and a beta of 0.51. The stock has a 50-day moving average of $125.04 and a 200-day moving average of $126.05. Vanguard Energy ETF has a one year low of $115.51 and a one year high of $137.92.

About Vanguard Energy ETF

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).