Vanguard Energy ETF $VDE Stake Cut by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management cut its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 27.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,766 shares of the company’s stock after selling 9,792 shares during the quarter. Vanguard Energy ETF accounts for about 0.9% of Keudell Morrison Wealth Management’s investment portfolio, making the stock its 23rd largest holding. Keudell Morrison Wealth Management’s holdings in Vanguard Energy ETF were worth $4,459,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of VDE. LPL Financial LLC lifted its position in shares of Vanguard Energy ETF by 1.6% in the fourth quarter. LPL Financial LLC now owns 813,753 shares of the company’s stock worth $102,468,000 after purchasing an additional 12,772 shares in the last quarter. Royal Bank of Canada grew its position in Vanguard Energy ETF by 7.0% during the fourth quarter. Royal Bank of Canada now owns 419,368 shares of the company’s stock valued at $52,807,000 after purchasing an additional 27,563 shares in the last quarter. SCS Capital Management LLC increased its stake in Vanguard Energy ETF by 9.0% in the 4th quarter. SCS Capital Management LLC now owns 370,931 shares of the company’s stock valued at $46,708,000 after buying an additional 30,766 shares during the period. BNP Paribas Financial Markets increased its stake in Vanguard Energy ETF by 23,247.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock valued at $42,106,000 after buying an additional 351,963 shares during the period. Finally, PGIM Custom Harvest LLC lifted its position in Vanguard Energy ETF by 4.8% in the 3rd quarter. PGIM Custom Harvest LLC now owns 346,193 shares of the company’s stock worth $43,572,000 after buying an additional 15,847 shares in the last quarter.

Vanguard Energy ETF Stock Up 0.6%

Shares of NYSEARCA:VDE opened at $154.68 on Wednesday. The firm has a fifty day moving average of $162.12 and a two-hundred day moving average of $152.18. The firm has a market capitalization of $9.68 billion, a P/E ratio of 14.10 and a beta of 0.42. Vanguard Energy ETF has a 12-month low of $118.17 and a 12-month high of $179.34.

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.