Assetmark Inc. Decreases Holdings in Vanguard Energy ETF $VDE

Assetmark Inc. reduced its position in Vanguard Energy ETF (NYSEARCA:VDE) by 13.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,647 shares of the company’s stock after selling 3,249 shares during the period. Assetmark Inc.’s holdings in Vanguard Energy ETF were worth $2,724,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in Vanguard Energy ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 18,777 shares of the company’s stock valued at $2,278,000 after purchasing an additional 306 shares during the last quarter. AQR Capital Management LLC acquired a new stake in Vanguard Energy ETF in the 1st quarter valued at about $281,000. Retirement Planning Group LLC increased its holdings in Vanguard Energy ETF by 4.3% during the 2nd quarter. Retirement Planning Group LLC now owns 2,470 shares of the company’s stock valued at $294,000 after acquiring an additional 102 shares in the last quarter. Brookstone Capital Management raised its position in Vanguard Energy ETF by 89.7% during the second quarter. Brookstone Capital Management now owns 14,640 shares of the company’s stock worth $1,744,000 after acquiring an additional 6,922 shares during the last quarter. Finally, Freedom Investment Management Inc. purchased a new stake in shares of Vanguard Energy ETF in the second quarter valued at about $1,871,000.

Vanguard Energy ETF Price Performance

VDE stock opened at $154.11 on Thursday. The company’s 50 day simple moving average is $135.88 and its 200-day simple moving average is $128.64. Vanguard Energy ETF has a 12 month low of $103.07 and a 12 month high of $155.17. The firm has a market capitalization of $8.59 billion, a PE ratio of 14.10 and a beta of 0.77.

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). 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.