Sequoia Financial Advisors LLC Raises Position in Vanguard Energy ETF (NYSEARCA:VDE)

Sequoia Financial Advisors LLC increased its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 6.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,067 shares of the company’s stock after purchasing an additional 263 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Energy ETF were worth $493,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. RPg Family Wealth Advisory LLC acquired a new stake in Vanguard Energy ETF in the 3rd quarter worth about $46,000. Banque Cantonale Vaudoise purchased a new position in shares of Vanguard Energy ETF during the 3rd quarter worth about $48,000. Golden State Wealth Management LLC acquired a new stake in shares of Vanguard Energy ETF in the fourth quarter worth approximately $48,000. LRI Investments LLC acquired a new stake in shares of Vanguard Energy ETF in the third quarter worth approximately $58,000. Finally, Centricity Wealth Management LLC purchased a new stake in Vanguard Energy ETF in the fourth quarter valued at approximately $54,000.

Vanguard Energy ETF Stock Up 1.7 %

NYSEARCA:VDE opened at $126.50 on Tuesday. The company has a market cap of $11.75 billion, a P/E ratio of 13.74 and a beta of 1.22. The firm’s 50 day moving average is $125.99 and its two-hundred day moving average is $125.93. Vanguard Energy ETF has a fifty-two week low of $115.51 and a fifty-two week 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).