Bleakley Financial Group LLC Lowers Position in Vanguard Energy ETF (NYSEARCA:VDE)

Bleakley Financial Group LLC cut its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 38.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,868 shares of the company’s stock after selling 16,042 shares during the quarter. Bleakley Financial Group LLC’s holdings in Vanguard Energy ETF were worth $3,355,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of VDE. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Energy ETF in the fourth quarter worth approximately $31,935,000. Wells Fargo & Company MN increased its position in shares of Vanguard Energy ETF by 19.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,180,874 shares of the company’s stock valued at $143,252,000 after acquiring an additional 194,585 shares during the last quarter. Intellus Advisors LLC purchased a new stake in shares of Vanguard Energy ETF during the fourth quarter valued at approximately $12,813,000. Tudor Investment Corp ET AL purchased a new stake in shares of Vanguard Energy ETF during the fourth quarter valued at approximately $10,651,000. Finally, Bank of America Corp DE increased its position in shares of Vanguard Energy ETF by 3.6% during the fourth quarter. Bank of America Corp DE now owns 2,507,123 shares of the company’s stock valued at $304,139,000 after acquiring an additional 86,238 shares during the last quarter.

Vanguard Energy ETF Trading Down 1.0%

Shares of VDE opened at $123.80 on Tuesday. The company has a market capitalization of $7.28 billion, a price-to-earnings ratio of 14.10 and a beta of 1.39. The stock has a 50 day moving average of $119.11 and a 200 day moving average of $121.24. 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).