Essex Financial Services Inc. Has $1.69 Million Stock Position in Vanguard Energy ETF (NYSEARCA:VDE)

Essex Financial Services Inc. reduced its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 5.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,908 shares of the company’s stock after selling 868 shares during the quarter. Essex Financial Services Inc.’s holdings in Vanguard Energy ETF were worth $1,687,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Janney Montgomery Scott LLC increased its position in Vanguard Energy ETF by 79.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 22,097 shares of the company’s stock valued at $2,706,000 after buying an additional 9,794 shares in the last quarter. US Bancorp DE grew its stake in Vanguard Energy ETF by 5.8% in the third quarter. US Bancorp DE now owns 3,783 shares of the company’s stock valued at $463,000 after acquiring an additional 206 shares during the period. Global Retirement Partners LLC increased its holdings in shares of Vanguard Energy ETF by 12.9% during the third quarter. Global Retirement Partners LLC now owns 6,220 shares of the company’s stock valued at $762,000 after acquiring an additional 710 shares in the last quarter. Pitcairn Co. acquired a new position in shares of Vanguard Energy ETF during the third quarter worth approximately $429,000. Finally, Creative Planning raised its position in shares of Vanguard Energy ETF by 4.1% during the third quarter. Creative Planning now owns 68,530 shares of the company’s stock worth $8,393,000 after purchasing an additional 2,713 shares during the period.

Vanguard Energy ETF Trading Up 0.7 %

NYSEARCA VDE opened at $128.15 on Wednesday. The company has a market cap of $8.55 billion, a P/E ratio of 8.22 and a beta of 0.51. The company has a fifty day simple moving average of $125.38 and a 200 day simple moving average of $126.14. Vanguard Energy ETF has a 12-month low of $115.31 and a 12-month high of $137.92.

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).