3,321 Shares in Vanguard Energy ETF $VDE Bought by Founders Financial Securities LLC

Founders Financial Securities LLC bought a new stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 3,321 shares of the company’s stock, valued at approximately $540,000.

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

Vanguard Energy ETF Stock Up 1.3%

Shares of VDE opened at $153.75 on Tuesday. The stock’s 50-day moving average price is $162.26 and its 200 day moving average price is $152.01. The firm has a market capitalization of $9.62 billion, a price-to-earnings ratio of 14.10 and a beta of 0.42. Vanguard Energy ETF has a 12-month low of $118.17 and a 12-month high of $179.34.

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.