Shelter Mutual Insurance Co Makes New $16.23 Million Investment in Vanguard Energy ETF $VDE

Shelter Mutual Insurance Co purchased a new position in Vanguard Energy ETF (NYSEARCA:VDE) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 43,850 shares of the company’s stock, valued at approximately $16,226,000. Vanguard Energy ETF comprises 3.4% of Shelter Mutual Insurance Co’s investment portfolio, making the stock its 5th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. BNP Paribas Financial Markets boosted its position in shares of Vanguard Energy ETF by 23,247.2% during the second 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 last quarter. Ameritas Advisory Services LLC raised its position in Vanguard Energy ETF by 5,416.8% in the 4th quarter. Ameritas Advisory Services LLC now owns 195,956 shares of the company’s stock worth $24,675,000 after buying an additional 192,404 shares during the last quarter. Corient Private Wealth LLC raised its position in Vanguard Energy ETF by 90.8% in the 2nd quarter. Corient Private Wealth LLC now owns 307,070 shares of the company’s stock worth $36,578,000 after buying an additional 146,147 shares during the last quarter. TrueWealth Financial Partners bought a new position in Vanguard Energy ETF during the 1st quarter valued at about $14,706,000. Finally, Royal Bank of Canada lifted its stake in Vanguard Energy ETF by 17.6% during the 1st quarter. Royal Bank of Canada now owns 493,318 shares of the company’s stock valued at $85,364,000 after acquiring an additional 73,950 shares during the period.

Vanguard Energy ETF Stock Down 0.1%

Shares of NYSEARCA VDE opened at $179.58 on Friday. The firm’s 50-day moving average price is $161.91 and its 200-day moving average price is $161.78. The company has a market cap of $10.77 billion, a PE ratio of 14.10 and a beta of 0.43. Vanguard Energy ETF has a 52-week low of $119.84 and a 52-week high of $182.15.

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.