Partners Wealth Management LLC Invests $1.54 Million in Vanguard Energy ETF (NYSEARCA:VDE)

Partners Wealth Management LLC bought a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 12,717 shares of the company’s stock, valued at approximately $1,543,000. Vanguard Energy ETF comprises approximately 1.8% of Partners Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in VDE. Janney Montgomery Scott LLC raised its holdings in shares of Vanguard Energy ETF by 79.6% in the third quarter. Janney Montgomery Scott LLC now owns 22,097 shares of the company’s stock valued at $2,706,000 after acquiring an additional 9,794 shares in the last quarter. US Bancorp DE raised its holdings in shares of Vanguard Energy ETF by 5.8% in the third quarter. US Bancorp DE now owns 3,783 shares of the company’s stock valued at $463,000 after acquiring an additional 206 shares in the last quarter. Pitcairn Co. bought a new stake in shares of Vanguard Energy ETF in the third quarter valued at about $429,000. Blue Trust Inc. raised its holdings in shares of Vanguard Energy ETF by 24.9% in the fourth quarter. Blue Trust Inc. now owns 1,918 shares of the company’s stock valued at $233,000 after acquiring an additional 382 shares in the last quarter. Finally, Center for Financial Planning Inc. raised its holdings in shares of Vanguard Energy ETF by 7.6% in the fourth quarter. Center for Financial Planning Inc. now owns 5,494 shares of the company’s stock valued at $666,000 after acquiring an additional 387 shares in the last quarter.

Vanguard Energy ETF Price Performance

VDE stock opened at $127.00 on Monday. The business has a 50-day moving average price of $125.17 and a 200 day moving average price of $126.23. The company has a market capitalization of $8.47 billion, a P/E ratio of 8.22 and a beta of 0.51. Vanguard Energy ETF has a 1-year low of $115.51 and a 1-year 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).