Klingman & Associates LLC Invests $592,000 in Vanguard Energy ETF $VDE

Klingman & Associates LLC bought a new stake in Vanguard Energy ETF (NYSEARCA:VDE) in the third quarter, HoldingsChannel reports. The fund bought 4,707 shares of the company’s stock, valued at approximately $592,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Creative Capital Management Investments LLC acquired a new position in shares of Vanguard Energy ETF during the 3rd quarter worth about $25,000. Mather Group LLC. acquired a new stake in shares of Vanguard Energy ETF in the third quarter valued at about $33,000. Tripletail Wealth Management LLC bought a new stake in Vanguard Energy ETF during the third quarter worth about $36,000. Westside Investment Management Inc. boosted its position in Vanguard Energy ETF by 106.3% during the second quarter. Westside Investment Management Inc. now owns 293 shares of the company’s stock valued at $35,000 after purchasing an additional 151 shares during the last quarter. Finally, Sound Income Strategies LLC grew its stake in Vanguard Energy ETF by 263.4% in the second quarter. Sound Income Strategies LLC now owns 298 shares of the company’s stock valued at $35,000 after purchasing an additional 216 shares in the last quarter.

Vanguard Energy ETF Stock Up 2.2%

NYSEARCA:VDE opened at $135.35 on Thursday. Vanguard Energy ETF has a twelve month low of $103.07 and a twelve month high of $136.96. The firm has a market capitalization of $7.54 billion, a price-to-earnings ratio of 14.10 and a beta of 0.77. The stock’s 50 day moving average price is $127.44 and its two-hundred day moving average price is $124.75.

Vanguard Energy ETF 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.