Vanguard Energy ETF $VDE Stock: Lido Advisors LLC Grows Stake

Lido Advisors LLC grew its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 8.2% in the third quarter, HoldingsChannel.com reports. The fund owned 66,580 shares of the company’s stock after acquiring an additional 5,046 shares during the quarter. Lido Advisors LLC’s holdings in Vanguard Energy ETF were worth $11,463,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Private Management Group Inc. acquired a new position in Vanguard Energy ETF in the third quarter valued at about $251,000. Kohmann Bosshard Financial Services LLC lifted its position in Vanguard Energy ETF by 5.1% during the third quarter. Kohmann Bosshard Financial Services LLC now owns 5,500 shares of the company’s stock worth $947,000 after purchasing an additional 265 shares during the period. Avantax Planning Partners Inc. bought a new stake in Vanguard Energy ETF during the third quarter worth about $811,000. Brighton Jones LLC acquired a new stake in Vanguard Energy ETF during the third quarter worth about $2,204,000. Finally, StoneX Group Inc. acquired a new stake in Vanguard Energy ETF during the third quarter worth about $469,000.

Vanguard Energy ETF Stock Up 1.9%

VDE stock opened at $176.34 on Thursday. Vanguard Energy ETF has a 12 month low of $122.79 and a 12 month high of $195.80. The firm has a market cap of $10.69 billion, a P/E ratio of 14.10 and a beta of 0.45. The company’s 50-day moving average price is $181.86 and its two-hundred day moving average price is $166.94.

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.