Avion Wealth Sells 498 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Avion Wealth decreased its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,610 shares of the company’s stock after selling 498 shares during the quarter. Avion Wealth’s holdings in Vanguard Energy ETF were worth $1,165,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of VDE. RPg Family Wealth Advisory LLC purchased a new stake in Vanguard Energy ETF in the third quarter worth $46,000. Banque Cantonale Vaudoise purchased a new position in Vanguard Energy ETF in the 3rd quarter worth about $48,000. Golden State Wealth Management LLC bought a new stake in Vanguard Energy ETF during the 4th quarter valued at about $48,000. LRI Investments LLC bought a new position in Vanguard Energy ETF in the 3rd quarter worth about $58,000. Finally, Global Financial Private Client LLC increased its position in shares of Vanguard Energy ETF by 45.4% during the fourth quarter. Global Financial Private Client LLC now owns 493 shares of the company’s stock worth $60,000 after acquiring an additional 154 shares during the period.

Vanguard Energy ETF Stock Performance

Shares of NYSEARCA VDE opened at $128.15 on Wednesday. The stock has a 50 day moving average price of $125.38 and a 200 day moving average price of $126.14. The firm has a market capitalization of $8.55 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. Vanguard Energy ETF has a 52-week low of $115.31 and a 52-week high of $137.92.

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).