Vanguard Energy ETF (NYSEARCA:VDE) Shares Acquired by Merit Financial Group LLC

Merit Financial Group LLC increased its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 10.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,944 shares of the company’s stock after purchasing an additional 188 shares during the period. Merit Financial Group LLC’s holdings in Vanguard Energy ETF were worth $228,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Spire Wealth Management lifted its position in shares of Vanguard Energy ETF by 48.6% during the third quarter. Spire Wealth Management now owns 4,183 shares of the company’s stock worth $530,000 after purchasing an additional 1,368 shares in the last quarter. Brookstone Capital Management increased its stake in Vanguard Energy ETF by 20.1% during the 4th quarter. Brookstone Capital Management now owns 8,603 shares of the company’s stock worth $1,009,000 after buying an additional 1,439 shares during the period. Atria Investments Inc acquired a new position in Vanguard Energy ETF in the 3rd quarter worth $8,926,000. Sequoia Financial Advisors LLC boosted its position in Vanguard Energy ETF by 8.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 3,919 shares of the company’s stock valued at $460,000 after buying an additional 289 shares during the last quarter. Finally, NewEdge Wealth LLC acquired a new stake in shares of Vanguard Energy ETF during the fourth quarter valued at about $226,000.

Vanguard Energy ETF Stock Performance

NYSEARCA:VDE opened at $131.83 on Friday. The stock has a market cap of $8.80 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. Vanguard Energy ETF has a one year low of $105.51 and a one year high of $137.92. The business’s 50-day simple moving average is $130.22 and its 200 day simple moving average is $122.03.

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).