Evolution Wealth Advisors LLC Sells 33,249 Shares of Vanguard Energy ETF $VDE

Evolution Wealth Advisors LLC cut its position in Vanguard Energy ETF (NYSEARCA:VDE) by 64.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,463 shares of the company’s stock after selling 33,249 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in Vanguard Energy ETF were worth $2,325,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Beacon Capital Management Inc. raised its stake in Vanguard Energy ETF by 17.6% during the 3rd quarter. Beacon Capital Management Inc. now owns 887,129 shares of the company’s stock worth $111,654,000 after buying an additional 132,853 shares during the period. The Manufacturers Life Insurance Company grew its stake in Vanguard Energy ETF by 9.0% in the second quarter. The Manufacturers Life Insurance Company now owns 860,760 shares of the company’s stock valued at $102,534,000 after acquiring an additional 71,067 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Energy ETF by 16.6% during the third quarter. Envestnet Asset Management Inc. now owns 498,588 shares of the company’s stock valued at $62,752,000 after acquiring an additional 71,068 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Vanguard Energy ETF by 23,247.2% during the second quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock valued at $42,106,000 after acquiring an additional 351,963 shares in the last quarter. Finally, PGIM Custom Harvest LLC raised its position in shares of Vanguard Energy ETF by 4.8% during the third quarter. PGIM Custom Harvest LLC now owns 346,193 shares of the company’s stock worth $43,572,000 after purchasing an additional 15,847 shares during the period.

Vanguard Energy ETF Stock Down 0.4%

Shares of NYSEARCA:VDE opened at $171.44 on Thursday. Vanguard Energy ETF has a twelve month low of $103.07 and a twelve month high of $173.84. The stock’s 50 day moving average is $152.80 and its 200-day moving average is $135.47. The firm has a market capitalization of $9.56 billion, a price-to-earnings ratio of 14.10 and a beta of 0.77.

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). 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.