Grove Bank & Trust Sells 28,554 Shares of Vanguard Energy ETF $VDE

Grove Bank & Trust trimmed its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 44.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 36,335 shares of the company’s stock after selling 28,554 shares during the quarter. Grove Bank & Trust owned 0.07% of Vanguard Energy ETF worth $4,575,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Beacon Capital Management Inc. grew its holdings in Vanguard Energy ETF by 17.6% during the 3rd quarter. Beacon Capital Management Inc. now owns 887,129 shares of the company’s stock valued at $111,654,000 after buying an additional 132,853 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Vanguard Energy ETF by 9.0% in the second quarter. The Manufacturers Life Insurance Company now owns 860,760 shares of the company’s stock worth $102,534,000 after buying an additional 71,067 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Energy ETF by 16.6% in the third quarter. Envestnet Asset Management Inc. now owns 498,588 shares of the company’s stock worth $62,752,000 after buying an additional 71,068 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of 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 valued at $42,106,000 after acquiring an additional 351,963 shares during the period. Finally, PGIM Custom Harvest LLC boosted its position in shares of Vanguard Energy ETF by 4.8% in the third quarter. PGIM Custom Harvest LLC now owns 346,193 shares of the company’s stock valued at $43,572,000 after acquiring an additional 15,847 shares during the period.

Vanguard Energy ETF Trading Down 0.1%

Shares of NYSEARCA:VDE opened at $167.77 on Friday. The company has a 50 day moving average of $150.50 and a 200 day moving average of $134.49. The stock has a market cap of $9.35 billion, a P/E ratio of 14.10 and a beta of 0.77. Vanguard Energy ETF has a 12 month low of $103.07 and a 12 month high of $170.46.

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.