Brookstone Capital Management Purchases 20,795 Shares of Vanguard Energy ETF $VDE

Brookstone Capital Management raised its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 123.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 37,657 shares of the company’s stock after purchasing an additional 20,795 shares during the quarter. Brookstone Capital Management’s holdings in Vanguard Energy ETF were worth $6,516,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of VDE. LPL Financial LLC raised its holdings in shares of Vanguard Energy ETF by 1.6% in the fourth quarter. LPL Financial LLC now owns 813,753 shares of the company’s stock worth $102,468,000 after buying an additional 12,772 shares during the period. Royal Bank of Canada boosted its holdings in Vanguard Energy ETF by 7.0% during the 4th quarter. Royal Bank of Canada now owns 419,368 shares of the company’s stock valued at $52,807,000 after acquiring an additional 27,563 shares during the period. SCS Capital Management LLC grew its position in Vanguard Energy ETF by 9.0% in the 4th quarter. SCS Capital Management LLC now owns 370,931 shares of the company’s stock valued at $46,708,000 after acquiring an additional 30,766 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Vanguard Energy ETF by 23,247.2% in the second quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock worth $42,106,000 after purchasing an additional 351,963 shares during the period. Finally, PGIM Custom Harvest LLC lifted 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 last quarter.

Vanguard Energy ETF Trading Up 0.6%

NYSEARCA:VDE opened at $154.68 on Wednesday. The company has a market cap of $9.68 billion, a price-to-earnings ratio of 14.10 and a beta of 0.42. Vanguard Energy ETF has a twelve month low of $118.17 and a twelve month high of $179.34. The stock has a fifty day simple moving average of $162.12 and a 200-day simple moving average of $152.18.

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.