UNIVEST FINANCIAL Corp Buys New Stake in Vanguard Energy ETF $VDE

UNIVEST FINANCIAL Corp purchased a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,614 shares of the company’s stock, valued at approximately $622,000.

Several other hedge funds have also made changes to their positions in the stock. Matrix Private Capital Group LLC acquired a new position in Vanguard Energy ETF during the 1st quarter valued at approximately $33,000. Signaturefd LLC acquired a new stake in Vanguard Energy ETF in the third quarter worth $41,000. Coastline Trust Co bought a new stake in Vanguard Energy ETF in the third quarter valued at $43,000. Next Level Wealth Planning LLC bought a new stake in Vanguard Energy ETF in the third quarter valued at $48,000. Finally, NORTHSTAR ASSET MANAGEMENT Co bought a new stake in Vanguard Energy ETF in the third quarter valued at $57,000.

Vanguard Energy ETF Stock Performance

Shares of VDE opened at $179.02 on Friday. Vanguard Energy ETF has a 1 year low of $122.79 and a 1 year high of $195.80. The company has a market cap of $10.86 billion, a price-to-earnings ratio of 13.48 and a beta of 0.45. The firm has a fifty day moving average of $181.77 and a 200-day moving average of $167.14.

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.