Valmark Advisers Inc. Raises Stake in Vanguard Energy ETF (NYSEARCA:VDE)

Valmark Advisers Inc. raised its position in Vanguard Energy ETF (NYSEARCA:VDE) by 11.4% during the third quarter, HoldingsChannel reports. The firm owned 23,541 shares of the company’s stock after buying an additional 2,411 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard Energy ETF were worth $2,883,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Vanguard Energy ETF during the 2nd quarter worth approximately $43,000. Headlands Technologies LLC purchased a new position in Vanguard Energy ETF during the 2nd quarter worth approximately $47,000. Woodmont Investment Counsel LLC acquired a new position in Vanguard Energy ETF during the first quarter worth approximately $50,000. TruNorth Capital Management LLC acquired a new stake in shares of Vanguard Energy ETF in the second quarter valued at approximately $64,000. Finally, Cedar Wealth Management LLC grew its position in shares of Vanguard Energy ETF by 38.4% during the second quarter. Cedar Wealth Management LLC now owns 833 shares of the company’s stock worth $106,000 after acquiring an additional 231 shares during the last quarter.

Vanguard Energy ETF Price Performance

VDE stock opened at $122.74 on Wednesday. The company has a market cap of $8.19 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. The company has a fifty day moving average price of $124.63 and a 200 day moving average price of $126.93. Vanguard Energy ETF has a 12 month low of $110.51 and a 12 month 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).