Institute for Wealth Management LLC. Cuts Position in Vanguard Energy ETF (NYSEARCA:VDE)

Institute for Wealth Management LLC. reduced its position in Vanguard Energy ETF (NYSEARCA:VDE) by 4.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,275 shares of the company’s stock after selling 368 shares during the period. Institute for Wealth Management LLC.’s holdings in Vanguard Energy ETF were worth $853,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Cibc World Market Inc. grew its stake in Vanguard Energy ETF by 41.9% during the first quarter. Cibc World Market Inc. now owns 16,533 shares of the company’s stock worth $1,770,000 after buying an additional 4,884 shares during the period. Blair William & Co. IL increased its holdings in Vanguard Energy ETF by 291.0% in the 1st quarter. Blair William & Co. IL now owns 9,692 shares of the company’s stock valued at $1,037,000 after purchasing an additional 7,213 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in Vanguard Energy ETF by 130.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 6,603 shares of the company’s stock valued at $707,000 after purchasing an additional 3,733 shares in the last quarter. Covestor Ltd raised its position in Vanguard Energy ETF by 91.9% in the first quarter. Covestor Ltd now owns 1,397 shares of the company’s stock valued at $150,000 after purchasing an additional 669 shares during the period. Finally, Prudential Financial Inc. lifted its stake in shares of Vanguard Energy ETF by 53.9% during the first quarter. Prudential Financial Inc. now owns 122,595 shares of the company’s stock worth $13,122,000 after purchasing an additional 42,934 shares in the last quarter.

Vanguard Energy ETF Price Performance

Shares of NYSEARCA VDE opened at $132.25 on Friday. The company has a market capitalization of $8.83 billion, a price-to-earnings ratio of 8.50 and a beta of 0.55. The business has a 50-day moving average of $126.69 and a 200-day moving average of $121.33. Vanguard Energy ETF has a 1-year low of $105.51 and a 1-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).