TrueWealth Financial Partners Buys New Holdings in Vanguard Energy ETF $VDE

TrueWealth Financial Partners purchased a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the first quarter, HoldingsChannel reports. The firm purchased 84,984 shares of the company’s stock, valued at approximately $14,706,000. Vanguard Energy ETF makes up 5.9% of TrueWealth Financial Partners’ investment portfolio, making the stock its 6th largest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VDE. Kovack Advisors Inc. raised its position in shares of Vanguard Energy ETF by 2.7% during the fourth quarter. Kovack Advisors Inc. now owns 2,733 shares of the company’s stock worth $339,000 after purchasing an additional 71 shares during the period. Asset Management Group Inc. grew its position in Vanguard Energy ETF by 0.8% in the 4th quarter. Asset Management Group Inc. now owns 9,827 shares of the company’s stock valued at $1,237,000 after purchasing an additional 75 shares during the period. Syon Capital LLC grew its position in Vanguard Energy ETF by 0.5% in the 4th quarter. Syon Capital LLC now owns 16,365 shares of the company’s stock valued at $2,061,000 after purchasing an additional 78 shares during the period. Meridian Wealth Management LLC increased its stake in Vanguard Energy ETF by 0.8% during the 4th quarter. Meridian Wealth Management LLC now owns 10,188 shares of the company’s stock valued at $1,283,000 after purchasing an additional 80 shares in the last quarter. Finally, Windsor Advisory Group LLC increased its stake in Vanguard Energy ETF by 1.4% during the 3rd quarter. Windsor Advisory Group LLC now owns 6,082 shares of the company’s stock valued at $765,000 after purchasing an additional 82 shares in the last quarter.

Vanguard Energy ETF Trading Up 0.7%

VDE opened at $166.28 on Friday. The company’s fifty day moving average price is $159.32 and its two-hundred day moving average price is $158.09. Vanguard Energy ETF has a 1-year low of $118.17 and a 1-year high of $179.34. The company has a market cap of $9.97 billion, a price-to-earnings 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.