Institute for Wealth Management LLC. Sells 340 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Institute for Wealth Management LLC. reduced its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 4.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,639 shares of the company’s stock after selling 340 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard Energy ETF were worth $805,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company raised its holdings in Vanguard Energy ETF by 3.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 851,122 shares of the company’s stock worth $104,237,000 after purchasing an additional 24,476 shares during the period. Empower Advisory Group LLC increased its stake in Vanguard Energy ETF by 1.9% in the 3rd quarter. Empower Advisory Group LLC now owns 191,923 shares of the company’s stock worth $23,505,000 after buying an additional 3,560 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in Vanguard Energy ETF by 11.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 125,984 shares of the company’s stock worth $15,429,000 after buying an additional 13,342 shares in the last quarter. CMH Wealth Management LLC increased its stake in Vanguard Energy ETF by 2.1% in the 4th quarter. CMH Wealth Management LLC now owns 115,955 shares of the company’s stock worth $14,067,000 after buying an additional 2,419 shares in the last quarter. Finally, Greenwood Gearhart Inc. increased its stake in Vanguard Energy ETF by 12.9% in the 3rd quarter. Greenwood Gearhart Inc. now owns 114,577 shares of the company’s stock worth $14,032,000 after buying an additional 13,047 shares in the last quarter.

Vanguard Energy ETF Stock Performance

Shares of VDE stock opened at $123.63 on Friday. Vanguard Energy ETF has a 52-week low of $114.45 and a 52-week high of $137.92. The firm has a market capitalization of $8.25 billion, a PE ratio of 8.22 and a beta of 0.51. The stock has a fifty day simple moving average of $126.61 and a two-hundred day simple moving average of $126.37.

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).