Kestra Advisory Services LLC Purchases 8,177 Shares of Vanguard Energy ETF $VDE

Kestra Advisory Services LLC lifted its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 20.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,727 shares of the company’s stock after acquiring an additional 8,177 shares during the period. Kestra Advisory Services LLC owned approximately 0.08% of Vanguard Energy ETF worth $8,432,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VDE. Thurston Springer Miller Herd & Titak Inc. grew its stake in Vanguard Energy ETF by 330.0% during the fourth 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. SouthState Bank Corp acquired a new position in Vanguard Energy ETF in the fourth quarter valued at approximately $27,000. Strive Financial Group LLC acquired a new position in Vanguard Energy ETF in the fourth quarter valued at approximately $31,000. Godfrey Financial Associates Inc. bought a new position in shares of Vanguard Energy ETF during the 4th quarter worth approximately $33,000. Finally, Franklin Resources Inc. boosted its holdings in shares of Vanguard Energy ETF by 3,055.6% during the 4th quarter. Franklin Resources Inc. now owns 284 shares of the company’s stock worth $36,000 after buying an additional 275 shares in the last quarter.

Vanguard Energy ETF Stock Up 3.0%

Shares of VDE stock opened at $160.15 on Tuesday. The firm has a 50 day moving average of $159.70 and a 200-day moving average of $154.72. The company has a market cap of $9.60 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.