Keudell Morrison Wealth Management Buys 2,470 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Keudell Morrison Wealth Management boosted its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 7.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,117 shares of the company’s stock after purchasing an additional 2,470 shares during the quarter. Vanguard Energy ETF comprises approximately 1.2% of Keudell Morrison Wealth Management’s holdings, making the stock its 16th largest holding. Keudell Morrison Wealth Management’s holdings in Vanguard Energy ETF were worth $4,301,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in VDE. Norden Group LLC purchased a new position in shares of Vanguard Energy ETF in the first quarter valued at $503,000. Choreo LLC increased its holdings in shares of Vanguard Energy ETF by 173.2% in the 2nd quarter. Choreo LLC now owns 7,487 shares of the company’s stock worth $955,000 after buying an additional 4,747 shares during the last quarter. PFG Advisors raised its position in shares of Vanguard Energy ETF by 4.6% during the 1st quarter. PFG Advisors now owns 8,953 shares of the company’s stock valued at $1,179,000 after buying an additional 391 shares in the last quarter. Blair William & Co. IL lifted its holdings in shares of Vanguard Energy ETF by 5.3% in the 1st quarter. Blair William & Co. IL now owns 27,395 shares of the company’s stock valued at $3,608,000 after acquiring an additional 1,375 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Vanguard Energy ETF by 2.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 104,566 shares of the company’s stock worth $13,340,000 after purchasing an additional 2,409 shares during the period.

Vanguard Energy ETF Stock Performance

VDE stock traded down $0.74 during mid-day trading on Thursday, reaching $130.23. 118,700 shares of the stock traded hands, compared to its average volume of 437,599. The business has a 50-day moving average price of $124.57 and a two-hundred day moving average price of $126.70. The stock has a market capitalization of $8.69 billion, a PE 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.

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).