Cedar Wealth Management LLC Has $106,000 Stake in Vanguard Energy ETF (NYSEARCA:VDE)

Cedar Wealth Management LLC increased its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 38.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 833 shares of the company’s stock after purchasing an additional 231 shares during the period. Cedar Wealth Management LLC’s holdings in Vanguard Energy ETF were worth $106,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Beacon Capital Management Inc. lifted its stake in shares of Vanguard Energy ETF by 222.4% during the first quarter. Beacon Capital Management Inc. now owns 1,324,346 shares of the company’s stock valued at $175,569,000 after acquiring an additional 913,542 shares during the period. Cetera Investment Advisers lifted its position in Vanguard Energy ETF by 930.9% during the 1st quarter. Cetera Investment Advisers now owns 283,453 shares of the company’s stock valued at $37,331,000 after purchasing an additional 255,958 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard Energy ETF by 13,105.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 228,194 shares of the company’s stock valued at $29,111,000 after purchasing an additional 226,466 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Vanguard Energy ETF by 19.8% during the 4th quarter. The Manufacturers Life Insurance Company now owns 849,158 shares of the company’s stock worth $99,589,000 after buying an additional 140,274 shares during the period. Finally, Allen Wealth Management LLC acquired a new stake in shares of Vanguard Energy ETF during the 4th quarter worth approximately $9,596,000.

Vanguard Energy ETF Price Performance

Shares of NYSEARCA VDE opened at $124.34 on Friday. The company’s 50 day simple moving average is $125.16 and its 200 day simple moving average is $127.70. Vanguard Energy ETF has a fifty-two week low of $110.51 and a fifty-two week high of $137.92. The firm has a market capitalization of $8.30 billion, a P/E ratio of 8.22 and a beta of 0.51.

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).