Verus Financial Partners Inc. Purchases 3,488 Shares of Vanguard Energy ETF $VDE

Verus Financial Partners Inc. purchased a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,488 shares of the company’s stock, valued at approximately $600,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Vanguard Energy ETF in the third quarter worth about $220,000. Vise Technologies Inc. boosted its holdings in Vanguard Energy ETF by 26.1% in the third quarter. Vise Technologies Inc. now owns 6,587 shares of the company’s stock valued at $1,134,000 after purchasing an additional 1,362 shares during the last quarter. Modera Wealth Management LLC purchased a new position in Vanguard Energy ETF in the third quarter valued at about $1,198,000. International Assets Investment Management LLC grew its stake in Vanguard Energy ETF by 1,734.1% during the 3rd quarter. International Assets Investment Management LLC now owns 27,145 shares of the company’s stock valued at $4,673,000 after purchasing an additional 25,665 shares in the last quarter. Finally, Sterling Financial Planning Inc. acquired a new stake in Vanguard Energy ETF during the 3rd quarter valued at approximately $224,000.

Vanguard Energy ETF Stock Up 1.8%

Shares of NYSEARCA VDE opened at $195.46 on Friday. Vanguard Energy ETF has a fifty-two week low of $122.08 and a fifty-two week high of $195.80. The business has a 50 day moving average price of $182.06 and a two-hundred day moving average price of $165.29. The firm has a market cap of $11.78 billion, a PE ratio of 14.10 and a beta of 0.50.

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.