Vanguard Energy ETF (NYSEARCA:VDE) Shares Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. boosted its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 29.1% in the third quarter, Holdings Channel reports. The fund owned 2,701 shares of the company’s stock after purchasing an additional 609 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Energy ETF were worth $331,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of VDE. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Vanguard Energy ETF in the second quarter valued at $43,000. Headlands Technologies LLC purchased a new stake in Vanguard Energy ETF in the 2nd quarter valued at about $47,000. TruNorth Capital Management LLC acquired a new position in shares of Vanguard Energy ETF during the 2nd quarter valued at about $64,000. Cedar Wealth Management LLC boosted its position in shares of Vanguard Energy ETF by 38.4% in the second quarter. Cedar Wealth Management LLC now owns 833 shares of the company’s stock worth $106,000 after acquiring an additional 231 shares during the last quarter. Finally, AdvisorNet Financial Inc raised its stake in Vanguard Energy ETF by 46.5% during the second quarter. AdvisorNet Financial Inc now owns 999 shares of the company’s stock worth $127,000 after purchasing an additional 317 shares during the period.

Vanguard Energy ETF Stock Down 0.5 %

VDE stock opened at $132.06 on Friday. Vanguard Energy ETF has a 52 week low of $110.51 and a 52 week high of $137.92. The company has a market cap of $8.81 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. The business has a fifty day simple moving average of $125.40 and a 200-day simple moving average of $126.66.

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).