Independent Financial Group LLC Makes New Investment in Vanguard Energy ETF $VDE

Independent Financial Group LLC acquired a new stake in Vanguard Energy ETF (NYSEARCA:VDE) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,040 shares of the company’s stock, valued at approximately $2,776,000.

Several other hedge funds also recently modified their holdings of the business. Dahring Cusmano LLC acquired a new stake in shares of Vanguard Energy ETF in the first quarter worth $872,000. IMC Chicago LLC acquired a new position in Vanguard Energy ETF during the 1st quarter valued at $331,000. Geneos Wealth Management Inc. raised its stake in Vanguard Energy ETF by 24.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,129 shares of the company’s stock valued at $195,000 after purchasing an additional 222 shares during the last quarter. Sigma Planning Corp raised its stake in Vanguard Energy ETF by 15.4% during the 1st quarter. Sigma Planning Corp now owns 15,321 shares of the company’s stock valued at $2,651,000 after purchasing an additional 2,045 shares during the last quarter. Finally, Avantax Planning Partners Inc. boosted its holdings in Vanguard Energy ETF by 21.1% in the 1st quarter. Avantax Planning Partners Inc. now owns 5,513 shares of the company’s stock valued at $954,000 after purchasing an additional 960 shares during the period.

Vanguard Energy ETF Price Performance

NYSEARCA VDE opened at $162.78 on Friday. The company’s fifty day moving average is $159.59 and its two-hundred day moving average is $155.52. Vanguard Energy ETF has a 52-week low of $118.17 and a 52-week high of $179.34. The firm has a market capitalization of $9.76 billion, a price-to-earnings ratio of 14.10 and a beta of 0.43.

Vanguard Energy ETF 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). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.