Vanguard Energy ETF (NYSEARCA:VDE) Holdings Lowered by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. trimmed its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 3.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,391 shares of the company’s stock after selling 790 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Vanguard Energy ETF were worth $2,685,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VDE. Gables Capital Management Inc. bought a new stake in shares of Vanguard Energy ETF in the 4th quarter worth approximately $28,000. GAMMA Investing LLC bought a new stake in shares of Vanguard Energy ETF in the 1st quarter worth approximately $31,000. Angeles Wealth Management LLC raised its holdings in shares of Vanguard Energy ETF by 61.0% in the 4th quarter. Angeles Wealth Management LLC now owns 322 shares of the company’s stock worth $38,000 after purchasing an additional 122 shares in the last quarter. Mather Group LLC. bought a new stake in shares of Vanguard Energy ETF in the 1st quarter worth approximately $40,000. Finally, BKM Wealth Management LLC bought a new stake in shares of Vanguard Energy ETF in the 4th quarter worth approximately $62,000.

Vanguard Energy ETF Price Performance

Vanguard Energy ETF stock opened at $125.30 on Monday. The firm’s 50 day simple moving average is $129.22 and its 200-day simple moving average is $123.98. The company has a market cap of $8.36 billion, a P/E ratio of 8.22 and a beta of 0.51. Vanguard Energy ETF has a fifty-two week low of $107.63 and a fifty-two week high of $137.92.

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).