Raymond James & Associates Trims Stock Holdings in Vanguard Energy ETF (NYSEARCA:VDE)

Raymond James & Associates lessened its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 1.6% during the 3rd quarter, Holdings Channel reports. The firm owned 214,288 shares of the company’s stock after selling 3,547 shares during the quarter. Raymond James & Associates’ holdings in Vanguard Energy ETF were worth $26,244,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of VDE. Global Retirement Partners LLC lifted 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 worth $762,000 after purchasing an additional 710 shares during the period. Cornerstone Wealth Management LLC raised its position in Vanguard Energy ETF by 1.3% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 6,297 shares of the company’s stock worth $771,000 after buying an additional 81 shares during the last quarter. McKinley Carter Wealth Services Inc. lifted its stake in Vanguard Energy ETF by 2.4% during the 3rd quarter. McKinley Carter Wealth Services Inc. now owns 49,017 shares of the company’s stock valued at $6,003,000 after acquiring an additional 1,128 shares during the period. Roberts Wealth Advisors LLC purchased a new stake in shares of Vanguard Energy ETF in the 3rd quarter valued at $201,000. Finally, Paragon Financial Partners Inc. increased its stake in shares of Vanguard Energy ETF by 0.6% in the third quarter. Paragon Financial Partners Inc. now owns 15,292 shares of the company’s stock worth $1,873,000 after acquiring an additional 98 shares during the period.

Vanguard Energy ETF Stock Performance

NYSEARCA:VDE opened at $125.19 on Friday. The firm’s fifty day moving average is $124.74 and its two-hundred day moving average is $127.29. The firm has a market cap of $8.35 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. Vanguard Energy ETF has a one year low of $110.51 and a one year high of $137.92.

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).