Vanguard Energy ETF (NYSEARCA:VDE) Shares Purchased by Brown Advisory Inc.

Brown Advisory Inc. lifted its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 37.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,668 shares of the company’s stock after purchasing an additional 729 shares during the period. Brown Advisory Inc.’s holdings in Vanguard Energy ETF were worth $346,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VDE. Morton Brown Family Wealth LLC bought a new stake in Vanguard Energy ETF during the first quarter valued at $33,000. Cloud Capital Management LLC acquired a new position in shares of Vanguard Energy ETF in the 1st quarter valued at about $34,000. EPG Wealth Management LLC acquired a new position in Vanguard Energy ETF in the fourth quarter worth approximately $38,000. Copia Wealth Management acquired a new position in Vanguard Energy ETF in the fourth quarter worth approximately $40,000. Finally, Advanced Asset Management Advisors Inc bought a new stake in Vanguard Energy ETF during the first quarter worth approximately $45,000.

Vanguard Energy ETF Trading Down 1.5%

VDE opened at $121.91 on Wednesday. The stock has a market capitalization of $7.17 billion, a price-to-earnings ratio of 14.10 and a beta of 1.39. Vanguard Energy ETF has a 1-year low of $103.07 and a 1-year high of $137.41. The business has a 50 day moving average of $119.30 and a 200-day moving average of $121.25.

Vanguard Energy ETF 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).