HB Wealth Management LLC Grows Position in Vanguard Energy ETF (NYSEARCA:VDE)

HB Wealth Management LLC lifted its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 24.5% in the fourth quarter, Holdings Channel reports. The firm owned 10,193 shares of the company’s stock after purchasing an additional 2,003 shares during the period. HB Wealth Management LLC’s holdings in Vanguard Energy ETF were worth $1,237,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. RPg Family Wealth Advisory LLC purchased a new stake in Vanguard Energy ETF during the third quarter worth approximately $46,000. Banque Cantonale Vaudoise acquired a new position in shares of Vanguard Energy ETF during the 3rd quarter valued at $48,000. LRI Investments LLC purchased a new stake in Vanguard Energy ETF during the 3rd quarter worth $58,000. Global Financial Private Client LLC increased its holdings in Vanguard Energy ETF by 45.4% in the 4th quarter. Global Financial Private Client LLC now owns 493 shares of the company’s stock valued at $60,000 after purchasing an additional 154 shares in the last quarter. Finally, JFS Wealth Advisors LLC purchased a new position in Vanguard Energy ETF in the third quarter valued at about $153,000.

Vanguard Energy ETF Price Performance

Shares of NYSEARCA VDE opened at $132.76 on Tuesday. Vanguard Energy ETF has a 1-year low of $110.51 and a 1-year high of $137.92. The company has a market capitalization of $8.86 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. The business has a 50-day moving average of $127.40 and a 200-day moving average of $126.24.

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).