Prime Capital Investment Advisors LLC Cuts Stake in Vanguard Energy ETF $VDE

Prime Capital Investment Advisors LLC trimmed its position in Vanguard Energy ETF (NYSEARCA:VDE) by 29.1% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 7,364 shares of the company’s stock after selling 3,024 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Vanguard Energy ETF were worth $877,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of VDE. Brighton Jones LLC lifted its position in shares of Vanguard Energy ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 18,777 shares of the company’s stock valued at $2,278,000 after acquiring an additional 306 shares in the last quarter. Park Avenue Securities LLC acquired a new position in Vanguard Energy ETF in the 1st quarter valued at $567,000. Farther Finance Advisors LLC grew its holdings in shares of Vanguard Energy ETF by 154.5% during the first quarter. Farther Finance Advisors LLC now owns 4,090 shares of the company’s stock worth $533,000 after buying an additional 2,483 shares in the last quarter. NorthCrest Asset Manangement LLC grew its holdings in shares of Vanguard Energy ETF by 6.9% during the first quarter. NorthCrest Asset Manangement LLC now owns 4,410 shares of the company’s stock worth $572,000 after buying an additional 283 shares in the last quarter. Finally, Founders Grove Wealth Partners LLC grew its holdings in shares of Vanguard Energy ETF by 3.7% during the first quarter. Founders Grove Wealth Partners LLC now owns 19,933 shares of the company’s stock worth $2,586,000 after buying an additional 709 shares in the last quarter.

Vanguard Energy ETF Trading Down 1.5%

VDE opened at $124.07 on Friday. The firm has a market capitalization of $7.13 billion, a PE ratio of 14.10 and a beta of 1.39. Vanguard Energy ETF has a twelve month low of $103.07 and a twelve month high of $137.41. The firm’s 50-day moving average price is $123.85 and its 200 day moving average price is $120.28.

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).