Hershey Financial Advisers LLC Takes Position in Vanguard Energy ETF (NYSEARCA:VDE)

Hershey Financial Advisers LLC acquired a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,157 shares of the company’s stock, valued at approximately $1,678,000. Vanguard Energy ETF makes up about 1.5% of Hershey Financial Advisers LLC’s investment portfolio, making the stock its 11th largest position.

Other large investors have also added to or reduced their stakes in the company. Beacon Capital Management Inc. boosted its position in shares of Vanguard Energy ETF by 222.4% in the first quarter. Beacon Capital Management Inc. now owns 1,324,346 shares of the company’s stock valued at $175,569,000 after acquiring an additional 913,542 shares during the period. Cetera Investment Advisers grew its position in shares of Vanguard Energy ETF by 930.9% during the 1st quarter. Cetera Investment Advisers now owns 283,453 shares of the company’s stock valued at $37,331,000 after purchasing an additional 255,958 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of Vanguard Energy ETF by 13,105.7% in the second quarter. Strategic Financial Concepts LLC now owns 228,194 shares of the company’s stock worth $29,111,000 after purchasing an additional 226,466 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of Vanguard Energy ETF by 19.8% in the fourth quarter. The Manufacturers Life Insurance Company now owns 849,158 shares of the company’s stock worth $99,589,000 after buying an additional 140,274 shares in the last quarter. Finally, Allen Wealth Management LLC bought a new stake in Vanguard Energy ETF during the fourth quarter valued at $9,596,000.

Vanguard Energy ETF Stock Up 1.2 %

Vanguard Energy ETF stock opened at $121.73 on Monday. The business has a 50-day simple moving average of $124.39 and a 200 day simple moving average of $127.78. Vanguard Energy ETF has a 52 week low of $110.51 and a 52 week high of $137.92. The stock has a market cap of $8.12 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51.

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).