Vanguard Energy ETF (NYSEARCA:VDE) Shares Sold by M&T Bank Corp

M&T Bank Corp cut its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 1.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,530 shares of the company’s stock after selling 1,081 shares during the quarter. M&T Bank Corp’s holdings in Vanguard Energy ETF were worth $9,618,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. RPg Family Wealth Advisory LLC acquired a new position in Vanguard Energy ETF in the third quarter valued at approximately $46,000. Headlands Technologies LLC purchased a new stake in Vanguard Energy ETF in the second quarter valued at $47,000. Banque Cantonale Vaudoise acquired a new position in shares of Vanguard Energy ETF in the 3rd quarter valued at $48,000. LRI Investments LLC acquired a new position in shares of Vanguard Energy ETF in the 3rd quarter valued at $58,000. Finally, Cedar Wealth Management LLC increased its position in shares of Vanguard Energy ETF by 38.4% during the 2nd quarter. Cedar Wealth Management LLC now owns 833 shares of the company’s stock worth $106,000 after purchasing an additional 231 shares during the last quarter.

Vanguard Energy ETF Price Performance

NYSEARCA VDE opened at $117.74 on Monday. The stock has a market capitalization of $7.86 billion, a P/E ratio of 8.22 and a beta of 0.51. The firm’s 50-day moving average is $128.22 and its two-hundred day moving average is $126.55. Vanguard Energy ETF has a 12 month low of $110.51 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).