Lido Advisors LLC Boosts Position in Vanguard Energy ETF $VDE

Lido Advisors LLC grew its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 12.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,574 shares of the company’s stock after buying an additional 6,473 shares during the period. Lido Advisors LLC owned 0.10% of Vanguard Energy ETF worth $10,309,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers grew its stake in Vanguard Energy ETF by 14.5% during the first quarter. Cetera Investment Advisers now owns 300,782 shares of the company’s stock valued at $52,047,000 after acquiring an additional 38,015 shares in the last quarter. NewEdge Wealth LLC purchased a new stake in Vanguard Energy ETF in the 1st quarter worth approximately $213,000. PNC Financial Services Group Inc. lifted its stake in Vanguard Energy ETF by 0.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 104,294 shares of the company’s stock worth $18,047,000 after purchasing an additional 434 shares in the last quarter. Florida Financial Advisors LLC bought a new position in Vanguard Energy ETF in the 1st quarter valued at $308,000. Finally, Hollencrest Capital Management boosted its holdings in Vanguard Energy ETF by 0.3% in the 1st quarter. Hollencrest Capital Management now owns 32,531 shares of the company’s stock valued at $5,629,000 after purchasing an additional 112 shares during the period.

Vanguard Energy ETF Price Performance

VDE opened at $168.17 on Friday. The company has a fifty day moving average price of $159.79 and a 200-day moving average price of $156.84. The firm has a market capitalization of $10.09 billion, a P/E ratio of 14.10 and a beta of 0.43. Vanguard Energy ETF has a one year low of $118.17 and a one year high of $179.34.

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). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.