Independent Financial Group LLC Makes New $2.78 Million Investment in Vanguard Energy ETF $VDE

Independent Financial Group LLC acquired a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the 1st quarter, Holdings Channel.com reports. The fund acquired 16,040 shares of the company’s stock, valued at approximately $2,776,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Carnegie Investment Counsel acquired a new stake in Vanguard Energy ETF during the fourth quarter worth $563,000. Argentarii LLC bought a new stake in Vanguard Energy ETF in the 4th quarter valued at $628,000. Tudor Investment Corp ET AL raised its stake in shares of Vanguard Energy ETF by 111.9% in the 3rd quarter. Tudor Investment Corp ET AL now owns 29,915 shares of the company’s stock valued at $3,765,000 after buying an additional 15,795 shares in the last quarter. Allen Wealth Management LLC raised its stake in shares of Vanguard Energy ETF by 4.4% in the 4th quarter. Allen Wealth Management LLC now owns 100,132 shares of the company’s stock valued at $12,609,000 after buying an additional 4,258 shares in the last quarter. Finally, JM2 Capital Inc. bought a new position in shares of Vanguard Energy ETF during the 4th quarter worth about $586,000.

Vanguard Energy ETF Stock Performance

Shares of Vanguard Energy ETF stock opened at $162.78 on Friday. The firm’s 50-day simple moving average is $159.59 and its 200-day simple moving average is $155.52. Vanguard Energy ETF has a twelve month low of $118.17 and a twelve month high of $179.34. The firm has a market cap of $9.76 billion, a P/E ratio of 14.10 and a beta of 0.43.

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.