Wealthfront Advisers LLC Sells 29,685 Shares of Vanguard Energy ETF $VDE

Wealthfront Advisers LLC lessened its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 3.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 852,877 shares of the company’s stock after selling 29,685 shares during the period. Wealthfront Advisers LLC’s holdings in Vanguard Energy ETF were worth $107,343,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VDE. HB Wealth Management LLC increased its holdings in Vanguard Energy ETF by 117.7% in the third quarter. HB Wealth Management LLC now owns 12,951 shares of the company’s stock valued at $1,630,000 after purchasing an additional 7,002 shares during the last quarter. Bonfire Financial lifted its stake in Vanguard Energy ETF by 3.9% in the second quarter. Bonfire Financial now owns 16,930 shares of the company’s stock valued at $2,017,000 after buying an additional 628 shares in the last quarter. Hershey Financial Advisers LLC bought a new stake in Vanguard Energy ETF in the 2nd quarter valued at $1,181,000. Farther Finance Advisors LLC raised its stake in shares of Vanguard Energy ETF by 408.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 29,247 shares of the company’s stock valued at $3,681,000 after purchasing an additional 23,490 shares during the period. Finally, SCS Capital Management LLC raised its position in Vanguard Energy ETF by 2.7% in the 2nd quarter. SCS Capital Management LLC now owns 344,174 shares of the company’s stock valued at $40,998,000 after buying an additional 9,149 shares during the last quarter.

Vanguard Energy ETF Trading Up 0.9%

Shares of VDE opened at $151.26 on Tuesday. The firm has a fifty day simple moving average of $132.62 and a 200 day simple moving average of $127.21. Vanguard Energy ETF has a 12 month low of $103.07 and a 12 month high of $151.44. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of 14.10 and a beta of 0.77.

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.