Pine Ridge Advisers LLC Invests $622,000 in Vanguard Energy ETF $VDE

Pine Ridge Advisers LLC acquired a new stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,271 shares of the company’s stock, valued at approximately $622,000. Vanguard Energy ETF makes up approximately 0.0% of Pine Ridge Advisers LLC’s portfolio, making the stock its 29th biggest holding.

A number of other institutional investors also recently bought and sold shares of the stock. Kovack Advisors Inc. increased its position in shares of Vanguard Energy ETF by 2.7% in the 4th quarter. Kovack Advisors Inc. now owns 2,733 shares of the company’s stock valued at $339,000 after acquiring an additional 71 shares during the period. Asset Management Group Inc. increased its holdings in shares of Vanguard Energy ETF by 0.8% in the fourth quarter. Asset Management Group Inc. now owns 9,827 shares of the company’s stock valued at $1,237,000 after purchasing an additional 75 shares during the period. Syon Capital LLC raised its stake in shares of Vanguard Energy ETF by 0.5% in the fourth quarter. Syon Capital LLC now owns 16,365 shares of the company’s stock worth $2,061,000 after purchasing an additional 78 shares during the last quarter. SHUTTLEWORTH & Co raised its stake in shares of Vanguard Energy ETF by 0.6% in the first quarter. SHUTTLEWORTH & Co now owns 12,829 shares of the company’s stock worth $2,220,000 after purchasing an additional 78 shares during the last quarter. Finally, Meridian Wealth Management LLC lifted its holdings in shares of Vanguard Energy ETF by 0.8% during the fourth quarter. Meridian Wealth Management LLC now owns 10,188 shares of the company’s stock worth $1,283,000 after purchasing an additional 80 shares during the period.

Vanguard Energy ETF Stock Up 0.5%

Shares of NYSEARCA VDE opened at $175.94 on Thursday. Vanguard Energy ETF has a 52 week low of $119.84 and a 52 week high of $182.15. The business’s 50 day moving average price is $163.15 and its 200 day moving average price is $162.55. The firm has a market cap of $10.55 billion, a P/E ratio of 14.10 and a beta of 0.43.

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). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.