North Forty Two & Co. Takes Position in Vanguard Energy ETF (NYSEARCA:VDE)

North Forty Two & Co. purchased a new stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 19,287 shares of the company’s stock, valued at approximately $2,340,000. Vanguard Energy ETF makes up 2.7% of North Forty Two & Co.’s investment portfolio, making the stock its 9th biggest position.

Other hedge funds have also recently bought and sold shares of the company. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Energy ETF by 444.6% during the fourth quarter. Wealthfront Advisers LLC now owns 5,406,700 shares of the company’s stock valued at $655,887,000 after purchasing an additional 4,413,992 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Vanguard Energy ETF by 3.0% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 851,122 shares of the company’s stock worth $104,237,000 after purchasing an additional 24,476 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Energy ETF during the fourth quarter valued at approximately $31,935,000. HighTower Advisors LLC boosted its stake in shares of Vanguard Energy ETF by 4.3% in the fourth quarter. HighTower Advisors LLC now owns 205,185 shares of the company’s stock worth $24,891,000 after acquiring an additional 8,370 shares during the last quarter. Finally, Empower Advisory Group LLC raised its holdings in shares of Vanguard Energy ETF by 3.1% in the 4th quarter. Empower Advisory Group LLC now owns 197,841 shares of the company’s stock valued at $24,000,000 after buying an additional 5,918 shares during the period.

Vanguard Energy ETF Stock Up 0.3 %

VDE opened at $126.83 on Wednesday. Vanguard Energy ETF has a 52 week low of $115.51 and a 52 week high of $137.92. The company has a market cap of $11.78 billion, a PE ratio of 13.74 and a beta of 1.22. The business has a 50 day moving average price of $126.04 and a two-hundred day moving average price of $125.92.

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).