Royal Fund Management LLC Purchases 8,831 Shares of Vanguard Energy ETF $VDE

Royal Fund Management LLC grew its position in Vanguard Energy ETF (NYSEARCA:VDE) by 44.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 28,720 shares of the company’s stock after purchasing an additional 8,831 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard Energy ETF were worth $3,622,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Creative Capital Management Investments LLC acquired a new stake in shares of Vanguard Energy ETF during the 3rd quarter worth approximately $25,000. Mather Group LLC. acquired a new position in Vanguard Energy ETF during the third quarter valued at approximately $33,000. Cloud Capital Management LLC bought a new stake in Vanguard Energy ETF during the third quarter worth $33,000. Tripletail Wealth Management LLC bought a new stake in Vanguard Energy ETF during the third quarter worth $36,000. Finally, HM Payson & Co. boosted its holdings in shares of Vanguard Energy ETF by 100.0% in the 3rd quarter. HM Payson & Co. now owns 400 shares of the company’s stock valued at $50,000 after purchasing an additional 200 shares in the last quarter.

Vanguard Energy ETF Stock Performance

Shares of VDE opened at $175.00 on Tuesday. Vanguard Energy ETF has a 52-week low of $103.07 and a 52-week high of $179.34. The business’s fifty day moving average is $155.25 and its 200-day moving average is $136.63. The firm has a market cap of $9.75 billion, a price-to-earnings ratio of 14.10 and a beta of 0.77.

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). 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.