Nordwand Advisors LLC Purchases New Shares in Vanguard Energy ETF $VDE

Nordwand Advisors LLC purchased a new position in Vanguard Energy ETF (NYSEARCA:VDE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,290 shares of the company’s stock, valued at approximately $630,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VDE. Nomura Asset Management Co. Ltd. acquired a new stake in shares of Vanguard Energy ETF in the second quarter valued at about $286,000. Thoroughbred Financial Services LLC purchased a new position in Vanguard Energy ETF in the 2nd quarter valued at about $221,000. Creative Planning lifted its stake in Vanguard Energy ETF by 8.4% in the 2nd quarter. Creative Planning now owns 73,257 shares of the company’s stock valued at $8,726,000 after buying an additional 5,667 shares in the last quarter. Meridian Wealth Management LLC boosted its holdings in Vanguard Energy ETF by 207.7% in the 2nd quarter. Meridian Wealth Management LLC now owns 8,991 shares of the company’s stock worth $1,071,000 after buying an additional 6,069 shares during the last quarter. Finally, Empower Advisory Group LLC increased its stake in Vanguard Energy ETF by 7.6% during the 2nd quarter. Empower Advisory Group LLC now owns 243,129 shares of the company’s stock worth $28,962,000 after buying an additional 17,069 shares in the last quarter.

Vanguard Energy ETF Price Performance

Shares of Vanguard Energy ETF stock opened at $127.05 on Tuesday. The stock has a market capitalization of $7.30 billion, a P/E ratio of 14.10 and a beta of 0.77. The business has a 50 day simple moving average of $125.10 and a two-hundred day simple moving average of $121.96. Vanguard Energy ETF has a 12 month low of $103.07 and a 12 month high of $137.41.

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).