Vanguard Energy ETF $VDE Shares Sold by Richmond Brothers Inc.

Richmond Brothers Inc. decreased its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 4.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,320 shares of the company’s stock after selling 1,486 shares during the quarter. Vanguard Energy ETF accounts for about 2.3% of Richmond Brothers Inc.’s holdings, making the stock its 13th biggest holding. Richmond Brothers Inc.’s holdings in Vanguard Energy ETF were worth $3,492,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. CW Advisors LLC increased its position in shares of Vanguard Energy ETF by 764.2% during the first quarter. CW Advisors LLC now owns 72,061 shares of the company’s stock worth $9,356,000 after acquiring an additional 63,723 shares during the period. Stratos Wealth Advisors LLC raised its holdings in shares of Vanguard Energy ETF by 1,001.8% in the 2nd quarter. Stratos Wealth Advisors LLC now owns 44,346 shares of the company’s stock valued at $5,283,000 after purchasing an additional 40,321 shares in the last quarter. Empower Advisory Group LLC lifted its position in shares of Vanguard Energy ETF by 14.3% during the 1st quarter. Empower Advisory Group LLC now owns 226,060 shares of the company’s stock worth $29,322,000 after purchasing an additional 28,219 shares during the last quarter. Prospera Financial Services Inc grew its stake in shares of Vanguard Energy ETF by 175.8% during the second quarter. Prospera Financial Services Inc now owns 32,031 shares of the company’s stock worth $3,821,000 after purchasing an additional 20,417 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL increased its holdings in Vanguard Energy ETF by 1,249.9% in the second quarter. Strategic Investment Solutions Inc. IL now owns 21,720 shares of the company’s stock valued at $2,587,000 after buying an additional 20,111 shares during the last quarter.

Vanguard Energy ETF Stock Performance

Shares of NYSEARCA VDE opened at $127.82 on Thursday. Vanguard Energy ETF has a fifty-two week low of $103.07 and a fifty-two week high of $137.41. The stock’s 50-day simple moving average is $124.85 and its 200-day simple moving average is $121.61. The firm has a market capitalization of $7.34 billion, a PE ratio of 14.10 and a beta of 0.77.

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).