BNP Paribas Financial Markets Buys 50,435 Shares of Vanguard Energy ETF $VDE

BNP Paribas Financial Markets lifted its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 3,348.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,941 shares of the company’s stock after acquiring an additional 50,435 shares during the quarter. BNP Paribas Financial Markets’ holdings in Vanguard Energy ETF were worth $6,540,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Vanguard Energy ETF by 330.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 215 shares of the company’s stock valued at $27,000 after acquiring an additional 165 shares in the last quarter. Godfrey Financial Associates Inc. purchased a new position in shares of Vanguard Energy ETF in the fourth quarter valued at about $33,000. Pittenger & Anderson Inc. purchased a new position in shares of Vanguard Energy ETF in the fourth quarter valued at about $43,000. Ameriflex Group Inc. boosted its stake in Vanguard Energy ETF by 139.3% in the 3rd quarter. Ameriflex Group Inc. now owns 402 shares of the company’s stock worth $51,000 after purchasing an additional 234 shares during the period. Finally, Founders Financial Alliance LLC boosted its stake in Vanguard Energy ETF by 254.9% in the 3rd quarter. Founders Financial Alliance LLC now owns 511 shares of the company’s stock worth $64,000 after purchasing an additional 367 shares during the period.

Vanguard Energy ETF Price Performance

VDE stock opened at $161.56 on Wednesday. Vanguard Energy ETF has a 1-year low of $118.17 and a 1-year high of $179.34. The company has a market capitalization of $10.11 billion, a price-to-earnings ratio of 14.10 and a beta of 0.42. The business has a 50 day simple moving average of $164.39 and a two-hundred day simple moving average of $150.07.

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.