Exchange Capital Management Inc. Increases Stock Holdings in Vanguard Energy ETF $VDE

Exchange Capital Management Inc. grew its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 25.2% in the second quarter, Holdings Channel reports. The firm owned 6,557 shares of the company’s stock after purchasing an additional 1,320 shares during the period. Exchange Capital Management Inc.’s holdings in Vanguard Energy ETF were worth $781,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in VDE. Brighton Jones LLC grew its holdings in shares of Vanguard Energy ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 18,777 shares of the company’s stock worth $2,278,000 after purchasing an additional 306 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Vanguard Energy ETF by 12,871.2% in the 1st quarter. GAMMA Investing LLC now owns 30,612 shares of the company’s stock worth $3,971,000 after buying an additional 30,376 shares during the last quarter. NBC Securities Inc. purchased a new stake in shares of Vanguard Energy ETF during the 1st quarter valued at $97,000. Retirement Planning Group LLC purchased a new stake in shares of Vanguard Energy ETF during the 1st quarter valued at $307,000. Finally, Park Avenue Securities LLC bought a new position in Vanguard Energy ETF in the first quarter valued at $567,000.

Vanguard Energy ETF Trading Up 0.7%

Shares of Vanguard Energy ETF stock opened at $125.57 on Friday. The firm has a market capitalization of $7.28 billion, a PE ratio of 14.10 and a beta of 1.39. The business’s 50-day moving average price is $123.68 and its 200-day moving average price is $120.38. Vanguard Energy ETF has a 12 month low of $103.07 and a 12 month high of $137.41.

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).