Keudell Morrison Wealth Management Takes $4.48 Million Position in Vanguard Energy ETF $VDE

Keudell Morrison Wealth Management purchased a new position in Vanguard Energy ETF (NYSEARCA:VDE) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 35,558 shares of the company’s stock, valued at approximately $4,477,000. Vanguard Energy ETF accounts for about 0.9% of Keudell Morrison Wealth Management’s portfolio, making the stock its 22nd largest holding. Keudell Morrison Wealth Management owned approximately 0.06% of Vanguard Energy ETF as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. CGN Advisors LLC grew its holdings in Vanguard Energy ETF by 1.3% in the fourth quarter. CGN Advisors LLC now owns 6,193 shares of the company’s stock valued at $780,000 after purchasing an additional 80 shares during the last quarter. Meridian Wealth Management LLC boosted its position in shares of Vanguard Energy ETF by 0.8% in the 4th quarter. Meridian Wealth Management LLC now owns 10,188 shares of the company’s stock worth $1,283,000 after buying an additional 80 shares in the last quarter. Windsor Advisory Group LLC grew its stake in Vanguard Energy ETF by 1.4% in the 3rd quarter. Windsor Advisory Group LLC now owns 6,082 shares of the company’s stock valued at $765,000 after acquiring an additional 82 shares during the last quarter. Modera Wealth Management LLC raised its position in Vanguard Energy ETF by 1.6% during the third quarter. Modera Wealth Management LLC now owns 6,027 shares of the company’s stock worth $759,000 after acquiring an additional 94 shares during the last quarter. Finally, PKS Advisory Services LLC raised its position in Vanguard Energy ETF by 4.2% during the fourth quarter. PKS Advisory Services LLC now owns 2,438 shares of the company’s stock worth $307,000 after acquiring an additional 98 shares during the last quarter.

Vanguard Energy ETF Price Performance

VDE stock opened at $167.28 on Friday. The company’s 50 day simple moving average is $165.45 and its 200-day simple moving average is $146.68. Vanguard Energy ETF has a 12 month low of $112.71 and a 12 month high of $179.34. The firm has a market capitalization of $10.47 billion, a PE ratio of 14.10 and a beta of 0.45.

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.