Spearhead Capital Advisors LLC Invests $282,000 in Vanguard Energy ETF (VDE)
Spearhead Capital Advisors LLC bought a new stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,157 shares of the company’s stock, valued at approximately $282,000.
A number of other hedge funds have also recently modified their holdings of VDE. Beacon Capital Management Inc. grew its stake in Vanguard Energy ETF by 6,679.4% in the first quarter. Beacon Capital Management Inc. now owns 1,408,080 shares of the company’s stock worth $125,854,000 after purchasing an additional 1,387,310 shares during the period. Bank of America Corp DE grew its stake in Vanguard Energy ETF by 45.2% in the fourth quarter. Bank of America Corp DE now owns 1,223,470 shares of the company’s stock worth $94,342,000 after purchasing an additional 381,131 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in Vanguard Energy ETF by 538.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 225,500 shares of the company’s stock worth $17,388,000 after purchasing an additional 190,191 shares during the period. Summit Financial LLC purchased a new stake in Vanguard Energy ETF in the fourth quarter worth $10,853,000. Finally, Freestone Capital Holdings LLC purchased a new stake in Vanguard Energy ETF in the fourth quarter worth $8,017,000.
VDE stock traded up $0.02 during midday trading on Tuesday, hitting $92.86. The stock had a trading volume of 6,950 shares, compared to its average volume of 332,199. Vanguard Energy ETF has a 52-week low of $71.70 and a 52-week high of $109.79.
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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).
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