Lido Advisors LLC Raises Stock Holdings in Vanguard Energy ETF $VDE

Lido Advisors LLC increased its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 12.2% during the 1st quarter, Holdings Channel reports. The firm owned 59,574 shares of the company’s stock after purchasing an additional 6,473 shares during the quarter. Lido Advisors LLC’s holdings in Vanguard Energy ETF were worth $10,309,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. lifted its position in Vanguard Energy ETF by 330.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 215 shares of the company’s stock valued at $27,000 after purchasing an additional 165 shares during the last quarter. SouthState Bank Corp purchased a new position in Vanguard Energy ETF in the 4th quarter worth approximately $27,000. Strive Financial Group LLC bought a new position in shares of Vanguard Energy ETF in the 4th quarter worth $31,000. Godfrey Financial Associates Inc. bought a new position in shares of Vanguard Energy ETF in the 4th quarter worth $33,000. Finally, Franklin Resources Inc. raised its position in shares of Vanguard Energy ETF by 3,055.6% during the 4th quarter. Franklin Resources Inc. now owns 284 shares of the company’s stock valued at $36,000 after buying an additional 275 shares in the last quarter.

Vanguard Energy ETF Stock Performance

Shares of NYSEARCA:VDE opened at $168.17 on Friday. Vanguard Energy ETF has a 52-week low of $118.17 and a 52-week high of $179.34. The firm has a fifty day moving average of $159.79 and a 200 day moving average of $156.84. The firm has a market capitalization of $10.09 billion, a PE ratio of 14.10 and a beta of 0.43.

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). 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.