Franklin Resources Inc. Sells 17,300 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Franklin Resources Inc. cut its position in Vanguard Energy ETF (NYSEARCA:VDE) by 76.4% in the third quarter, HoldingsChannel.com reports. The firm owned 5,344 shares of the company’s stock after selling 17,300 shares during the period. Franklin Resources Inc.’s holdings in Vanguard Energy ETF were worth $691,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Headlands Technologies LLC purchased a new position in shares of Vanguard Energy ETF in the second quarter worth about $47,000. RPg Family Wealth Advisory LLC acquired a new position in Vanguard Energy ETF during the third quarter worth $46,000. Banque Cantonale Vaudoise purchased a new stake in Vanguard Energy ETF during the 3rd quarter worth approximately $48,000. LRI Investments LLC purchased a new position in Vanguard Energy ETF in the 3rd quarter valued at $58,000. Finally, Cedar Wealth Management LLC lifted its stake in Vanguard Energy ETF by 38.4% in the 2nd quarter. Cedar Wealth Management LLC now owns 833 shares of the company’s stock worth $106,000 after purchasing an additional 231 shares in the last quarter.

Vanguard Energy ETF Stock Up 0.0 %

NYSEARCA VDE opened at $119.27 on Monday. The firm has a market cap of $7.96 billion, a PE ratio of 8.22 and a beta of 0.51. The business’s fifty day simple moving average is $127.47 and its 200-day simple moving average is $126.30. Vanguard Energy ETF has a 52 week low of $110.51 and a 52 week high of $137.92.

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).