Vanguard Energy ETF $VDE Stake Lessened by KCM Investment Advisors LLC

KCM Investment Advisors LLC lessened its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 6.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,768 shares of the company’s stock after selling 3,228 shares during the quarter. KCM Investment Advisors LLC owned about 0.08% of Vanguard Energy ETF worth $8,612,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its stake in Vanguard Energy ETF by 23,247.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock valued at $42,106,000 after purchasing an additional 351,963 shares in the last quarter. Ameritas Advisory Services LLC increased its position in shares of Vanguard Energy ETF by 5,416.8% during the 4th quarter. Ameritas Advisory Services LLC now owns 195,956 shares of the company’s stock valued at $24,675,000 after purchasing an additional 192,404 shares during the period. Corient Private Wealth LLC raised its stake in shares of Vanguard Energy ETF by 90.8% in the 2nd quarter. Corient Private Wealth LLC now owns 307,070 shares of the company’s stock worth $36,578,000 after buying an additional 146,147 shares in the last quarter. Polianta Ltd bought a new stake in shares of Vanguard Energy ETF in the 1st quarter worth $9,551,000. Finally, Guardian Wealth Management LLC acquired a new stake in shares of Vanguard Energy ETF in the fourth quarter valued at $5,687,000.

Vanguard Energy ETF Stock Down 2.2%

Shares of Vanguard Energy ETF stock opened at $164.52 on Tuesday. The business has a fifty day simple moving average of $159.65 and a 200-day simple moving average of $157.36. Vanguard Energy ETF has a fifty-two week low of $118.17 and a fifty-two week high of $179.34. The firm has a market cap of $9.87 billion, a price-to-earnings ratio of 14.10 and a beta of 0.43.

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). 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.