Baird Financial Group Inc. Acquires 3,378 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Baird Financial Group Inc. raised its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 109.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,473 shares of the company’s stock after purchasing an additional 3,378 shares during the quarter. Baird Financial Group Inc.’s holdings in Vanguard Energy ETF were worth $785,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of VDE. Rakuten Securities Inc. lifted its position in Vanguard Energy ETF by 113.0% during the fourth quarter. Rakuten Securities Inc. now owns 230 shares of the company’s stock valued at $28,000 after purchasing an additional 122 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Energy ETF in the fourth quarter valued at $48,000. Centricity Wealth Management LLC purchased a new stake in shares of Vanguard Energy ETF in the fourth quarter valued at $54,000. Russell Investments Group Ltd. raised its stake in shares of Vanguard Energy ETF by 138.9% in the fourth quarter. Russell Investments Group Ltd. now owns 485 shares of the company’s stock valued at $59,000 after acquiring an additional 282 shares during the period. Finally, Global Financial Private Client LLC raised its stake in shares of Vanguard Energy ETF by 45.4% in the fourth quarter. Global Financial Private Client LLC now owns 493 shares of the company’s stock valued at $60,000 after acquiring an additional 154 shares during the period.

Vanguard Energy ETF Trading Down 0.6%

Shares of VDE opened at $119.24 on Thursday. Vanguard Energy ETF has a twelve month low of $103.07 and a twelve month high of $137.41. The company has a market cap of $10.73 billion, a P/E ratio of 13.72 and a beta of 0.79. The company’s fifty day simple moving average is $117.98 and its 200-day simple moving average is $123.73.

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).