M Financial Asset Management Inc. Reduces Stock Position in Vanguard Energy ETF (NYSEARCA:VDE)

M Financial Asset Management Inc. decreased its position in Vanguard Energy ETF (NYSEARCA:VDE) by 13.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,550 shares of the company’s stock after selling 1,206 shares during the period. Vanguard Energy ETF makes up approximately 4.4% of M Financial Asset Management Inc.’s holdings, making the stock its 5th biggest position. M Financial Asset Management Inc.’s holdings in Vanguard Energy ETF were worth $915,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Parcion Private Wealth LLC purchased a new position in Vanguard Energy ETF in the 4th quarter worth about $15,101,000. Concurrent Investment Advisors LLC raised its position in Vanguard Energy ETF by 2.1% in the 4th quarter. Concurrent Investment Advisors LLC now owns 23,360 shares of the company’s stock worth $2,834,000 after buying an additional 481 shares during the last quarter. Private Advisor Group LLC raised its position in Vanguard Energy ETF by 3.3% in the 4th quarter. Private Advisor Group LLC now owns 30,680 shares of the company’s stock worth $3,722,000 after buying an additional 970 shares during the last quarter. Laidlaw Wealth Management LLC purchased a new position in Vanguard Energy ETF in the 4th quarter worth about $204,000. Finally, Global Retirement Partners LLC raised its position in Vanguard Energy ETF by 30.3% in the 4th quarter. Global Retirement Partners LLC now owns 8,107 shares of the company’s stock worth $983,000 after buying an additional 1,887 shares during the last quarter.

Vanguard Energy ETF Stock Up 0.9 %

Shares of NYSEARCA:VDE opened at $129.85 on Friday. The stock has a market capitalization of $8.66 billion, a PE ratio of 8.22 and a beta of 0.51. The firm’s 50 day moving average price is $125.15 and its 200-day moving average price is $126.12. Vanguard Energy ETF has a twelve month low of $115.51 and a twelve month 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).