Vanguard Energy ETF $VDE Shares Sold by KCM Investment Advisors LLC

KCM Investment Advisors LLC trimmed its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 6.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 49,768 shares of the company’s stock after selling 3,228 shares during the quarter. KCM Investment Advisors LLC’s holdings in Vanguard Energy ETF were worth $8,612,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VDE. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Vanguard Energy ETF by 330.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 215 shares of the company’s stock valued at $27,000 after buying an additional 165 shares in the last quarter. SouthState Bank Corp acquired a new stake in shares of Vanguard Energy ETF during the 4th quarter valued at $27,000. Strive Financial Group LLC bought a new stake in shares of Vanguard Energy ETF during the 4th quarter worth $31,000. Godfrey Financial Associates Inc. bought a new stake in shares of Vanguard Energy ETF during the 4th quarter worth $33,000. Finally, Matrix Private Capital Group LLC bought a new stake in shares of Vanguard Energy ETF during the 1st quarter worth $33,000.

Vanguard Energy ETF Stock Down 2.2%

Shares of NYSEARCA VDE opened at $164.52 on Tuesday. The stock’s fifty day simple moving average is $159.65 and its 200 day simple moving average is $157.36. The stock has a market capitalization of $9.87 billion, a price-to-earnings ratio of 14.10 and a beta of 0.43. Vanguard Energy ETF has a 52-week low of $118.17 and a 52-week high of $179.34.

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.