Main Management ETF Advisors LLC Purchases 18,105 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Main Management ETF Advisors LLC lifted its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 2.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 720,510 shares of the company’s stock after acquiring an additional 18,105 shares during the quarter. Vanguard Energy ETF accounts for approximately 4.6% of Main Management ETF Advisors LLC’s portfolio, making the stock its 7th largest holding. Main Management ETF Advisors LLC’s holdings in Vanguard Energy ETF were worth $91,915,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VDE. Beacon Capital Management Inc. increased its stake in shares of Vanguard Energy ETF by 222.4% during the first quarter. Beacon Capital Management Inc. now owns 1,324,346 shares of the company’s stock worth $175,569,000 after acquiring an additional 913,542 shares during the period. Cetera Investment Advisers increased its stake in shares of Vanguard Energy ETF by 930.9% during the first quarter. Cetera Investment Advisers now owns 283,453 shares of the company’s stock worth $37,331,000 after acquiring an additional 255,958 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of Vanguard Energy ETF by 13,105.7% during the second quarter. Strategic Financial Concepts LLC now owns 228,194 shares of the company’s stock worth $29,111,000 after acquiring an additional 226,466 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Vanguard Energy ETF by 19.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 849,158 shares of the company’s stock worth $99,589,000 after acquiring an additional 140,274 shares during the period. Finally, Allen Wealth Management LLC acquired a new position in shares of Vanguard Energy ETF during the fourth quarter worth about $9,596,000.

Vanguard Energy ETF Trading Down 2.1 %

VDE stock opened at $120.25 on Friday. The company has a market cap of $8.02 billion, a P/E ratio of 8.22 and a beta of 0.51. Vanguard Energy ETF has a 52 week low of $110.51 and a 52 week high of $137.92. The company’s 50-day moving average price is $124.77 and its 200 day moving average price is $127.82.

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).