Vanguard Energy ETF (NYSEARCA:VDE) Shares Bought by Sandy Spring Bank

Sandy Spring Bank grew its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 1.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,186 shares of the company’s stock after acquiring an additional 97 shares during the quarter. Sandy Spring Bank’s holdings in Vanguard Energy ETF were worth $750,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VDE. Wealthfront Advisers LLC increased its stake in shares of Vanguard Energy ETF by 444.6% during the 4th quarter. Wealthfront Advisers LLC now owns 5,406,700 shares of the company’s stock valued at $655,887,000 after acquiring an additional 4,413,992 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Energy ETF during the 4th quarter worth about $31,935,000. Strategic Financial Concepts LLC grew its holdings in shares of Vanguard Energy ETF by 11,313.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 194,950 shares of the company’s stock worth $23,649,000 after purchasing an additional 193,242 shares during the period. Parcion Private Wealth LLC purchased a new stake in shares of Vanguard Energy ETF during the 4th quarter worth about $15,101,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Vanguard Energy ETF during the 4th quarter worth about $8,447,000.

Vanguard Energy ETF Stock Performance

Shares of NYSEARCA:VDE opened at $128.39 on Friday. Vanguard Energy ETF has a 1 year low of $115.51 and a 1 year high of $137.92. The stock has a market capitalization of $11.92 billion, a P/E ratio of 13.74 and a beta of 1.22. The stock has a 50-day simple moving average of $126.29 and a 200-day simple moving average of $125.97.

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).