Sheets Smith Wealth Management Trims Position in Vanguard Energy ETF (NYSEARCA:VDE)

Sheets Smith Wealth Management trimmed its position in Vanguard Energy ETF (NYSEARCA:VDE) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,645 shares of the company’s stock after selling 150 shares during the quarter. Sheets Smith Wealth Management’s holdings in Vanguard Energy ETF were worth $806,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VDE. Sanctuary Advisors LLC purchased a new stake in Vanguard Energy ETF in the 2nd quarter worth approximately $5,436,000. Kera Capital Partners Inc. bought a new position in shares of Vanguard Energy ETF in the fourth quarter worth $4,153,000. SWAN Capital LLC boosted its stake in Vanguard Energy ETF by 52.2% during the third quarter. SWAN Capital LLC now owns 87,489 shares of the company’s stock valued at $10,715,000 after buying an additional 30,002 shares during the period. The Manufacturers Life Insurance Company grew its position in Vanguard Energy ETF by 3.0% during the third quarter. The Manufacturers Life Insurance Company now owns 851,122 shares of the company’s stock worth $104,237,000 after buying an additional 24,476 shares in the last quarter. Finally, Transform Wealth LLC bought a new position in Vanguard Energy ETF in the 4th quarter worth about $2,718,000.

Vanguard Energy ETF Stock Down 0.6 %

NYSEARCA:VDE opened at $131.93 on Wednesday. Vanguard Energy ETF has a twelve month low of $111.18 and a twelve month high of $137.92. The stock has a market cap of $8.80 billion, a P/E ratio of 8.22 and a beta of 0.51. The business’s 50-day moving average price is $127.40 and its two-hundred day moving average price is $126.24.

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).