Dahring Cusmano LLC Takes $872,000 Position in Vanguard Energy ETF $VDE

Dahring Cusmano LLC acquired a new position in Vanguard Energy ETF (NYSEARCA:VDE) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,041 shares of the company’s stock, valued at approximately $872,000. Vanguard Energy ETF accounts for 0.5% of Dahring Cusmano LLC’s investment portfolio, making the stock its 27th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in VDE. Thurston Springer Miller Herd & Titak Inc. grew its position in Vanguard Energy ETF by 330.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 215 shares of the company’s stock valued at $27,000 after buying an additional 165 shares during the period. SouthState Bank Corp bought a new position in Vanguard Energy ETF in the fourth quarter worth approximately $27,000. Strive Financial Group LLC purchased a new position in shares of Vanguard Energy ETF during the 4th quarter worth $31,000. Godfrey Financial Associates Inc. purchased a new position in shares of Vanguard Energy ETF during the 4th quarter worth $33,000. Finally, Franklin Resources Inc. boosted its stake in shares of Vanguard Energy ETF by 3,055.6% during the 4th quarter. Franklin Resources Inc. now owns 284 shares of the company’s stock worth $36,000 after acquiring an additional 275 shares during the last quarter.

Vanguard Energy ETF Price Performance

Shares of VDE stock opened at $160.76 on Friday. The company has a market cap of $9.64 billion, a price-to-earnings ratio of 14.10 and a beta of 0.43. Vanguard Energy ETF has a 1 year low of $118.17 and a 1 year high of $179.34. The firm has a fifty day moving average price of $159.50 and a 200-day moving average price of $155.47.

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). 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.