Vanguard Energy ETF $VDE Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. reduced its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 87.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,131 shares of the company’s stock after selling 15,288 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Energy ETF were worth $268,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Beacon Capital Management Inc. grew its stake in shares of Vanguard Energy ETF by 17.6% in the 3rd quarter. Beacon Capital Management Inc. now owns 887,129 shares of the company’s stock valued at $111,654,000 after buying an additional 132,853 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Vanguard Energy ETF by 9.0% in the second quarter. The Manufacturers Life Insurance Company now owns 860,760 shares of the company’s stock valued at $102,534,000 after acquiring an additional 71,067 shares during the last quarter. BNP Paribas Financial Markets grew its position in Vanguard Energy ETF by 23,247.2% in the second quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock worth $42,106,000 after acquiring an additional 351,963 shares during the period. SCS Capital Management LLC grew its position in Vanguard Energy ETF by 2.7% in the second quarter. SCS Capital Management LLC now owns 344,174 shares of the company’s stock worth $40,998,000 after acquiring an additional 9,149 shares during the period. Finally, Corient Private Wealth LLC increased its stake in Vanguard Energy ETF by 90.8% during the second quarter. Corient Private Wealth LLC now owns 307,070 shares of the company’s stock worth $36,578,000 after acquiring an additional 146,147 shares during the last quarter.

Vanguard Energy ETF Stock Down 1.8%

NYSEARCA:VDE opened at $141.13 on Tuesday. Vanguard Energy ETF has a 52 week low of $103.07 and a 52 week high of $145.70. The stock’s fifty day moving average is $130.46 and its two-hundred day moving average is $126.24. The company has a market capitalization of $7.87 billion, a P/E 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.