TrueWealth Financial Partners Takes Position in Vanguard Energy ETF $VDE

TrueWealth Financial Partners purchased a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 84,984 shares of the company’s stock, valued at approximately $14,706,000. Vanguard Energy ETF accounts for 5.9% of TrueWealth Financial Partners’ investment portfolio, making the stock its 6th largest holding. TrueWealth Financial Partners owned 0.14% of Vanguard Energy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of VDE. Thurston Springer Miller Herd & Titak Inc. raised its position in Vanguard Energy ETF by 330.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 215 shares of the company’s stock worth $27,000 after purchasing an additional 165 shares during the last quarter. SouthState Bank Corp bought a new stake in shares of Vanguard Energy ETF in the 4th quarter valued at about $27,000. Strive Financial Group LLC bought a new stake in shares of Vanguard Energy ETF in the 4th quarter valued at about $31,000. Godfrey Financial Associates Inc. acquired a new stake in shares of Vanguard Energy ETF in the fourth quarter valued at about $33,000. Finally, Matrix Private Capital Group LLC acquired a new stake in shares of Vanguard Energy ETF in the first quarter valued at about $33,000.

Vanguard Energy ETF Price Performance

Shares of VDE opened at $166.28 on Friday. Vanguard Energy ETF has a 1 year low of $118.17 and a 1 year high of $179.34. The company has a market capitalization of $9.97 billion, a price-to-earnings ratio of 14.10 and a beta of 0.43. The business has a 50-day moving average of $159.32 and a 200-day moving average of $158.09.

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.