Gerald Baker Financial Group LLC Invests $7.37 Million in Vanguard Energy ETF $VDE

Gerald Baker Financial Group LLC acquired a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the 1st quarter, Holdings Channel reports. The fund acquired 42,592 shares of the company’s stock, valued at approximately $7,370,000. Vanguard Energy ETF comprises approximately 2.5% of Gerald Baker Financial Group LLC’s investment portfolio, making the stock its 12th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Carnegie Investment Counsel purchased a new stake in shares of Vanguard Energy ETF during the 4th quarter valued at about $563,000. Argentarii LLC bought a new position in shares of Vanguard Energy ETF in the 4th quarter valued at about $628,000. Tudor Investment Corp ET AL grew its position in Vanguard Energy ETF by 111.9% in the third quarter. Tudor Investment Corp ET AL now owns 29,915 shares of the company’s stock worth $3,765,000 after acquiring an additional 15,795 shares in the last quarter. Allen Wealth Management LLC grew its position in Vanguard Energy ETF by 4.4% in the fourth quarter. Allen Wealth Management LLC now owns 100,132 shares of the company’s stock worth $12,609,000 after acquiring an additional 4,258 shares in the last quarter. Finally, JM2 Capital Inc. purchased a new position in Vanguard Energy ETF in the fourth quarter worth about $586,000.

Vanguard Energy ETF Price Performance

Shares of NYSEARCA VDE opened at $160.76 on Friday. Vanguard Energy ETF has a 1-year low of $118.17 and a 1-year high of $179.34. The business’s 50 day moving average is $159.50 and its two-hundred day moving average is $155.47. The stock has a market capitalization of $9.64 billion, a P/E 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.