Thrivent Financial for Lutherans Invests $3.24 Million in Vanguard Energy ETF $VDE

Thrivent Financial for Lutherans purchased a new position in Vanguard Energy ETF (NYSEARCA:VDE) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 25,748 shares of the company’s stock, valued at approximately $3,242,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Vanguard Energy ETF by 330.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 215 shares of the company’s stock worth $27,000 after purchasing an additional 165 shares during the period. Cloud Capital Management LLC bought a new position in shares of Vanguard Energy ETF during the 3rd quarter worth approximately $33,000. Pittenger & Anderson Inc. bought a new position in shares of Vanguard Energy ETF during the 4th quarter worth approximately $43,000. Ameriflex Group Inc. boosted its holdings in shares of Vanguard Energy ETF by 139.3% during the 3rd quarter. Ameriflex Group Inc. now owns 402 shares of the company’s stock worth $51,000 after buying an additional 234 shares in the last quarter. Finally, Coston McIsaac & Partners bought a new position in shares of Vanguard Energy ETF during the 3rd quarter worth approximately $53,000.

Vanguard Energy ETF Stock Performance

Vanguard Energy ETF stock opened at $168.02 on Friday. The stock has a market capitalization of $10.52 billion, a price-to-earnings ratio of 14.10 and a beta of 0.45. Vanguard Energy ETF has a 52-week low of $113.20 and a 52-week high of $179.34. The stock’s 50 day moving average price is $165.60 and its two-hundred day moving average price is $146.82.

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.