Geneos Wealth Management Inc. Cuts Holdings in Vanguard Energy ETF $VDE

Geneos Wealth Management Inc. decreased its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 90.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 907 shares of the company’s stock after selling 8,364 shares during the period. Geneos Wealth Management Inc.’s holdings in Vanguard Energy ETF were worth $114,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Kingswood Wealth Advisors LLC lifted its holdings in shares of Vanguard Energy ETF by 103.9% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 3,880 shares of the company’s stock valued at $489,000 after purchasing an additional 1,977 shares in the last quarter. Silver Coast Investments LLC increased its holdings in Vanguard Energy ETF by 3.5% in the 4th quarter. Silver Coast Investments LLC now owns 26,791 shares of the company’s stock worth $3,374,000 after buying an additional 917 shares in the last quarter. Evergreen Capital Management LLC increased its holdings in Vanguard Energy ETF by 0.8% in the 4th quarter. Evergreen Capital Management LLC now owns 142,837 shares of the company’s stock worth $17,986,000 after buying an additional 1,069 shares in the last quarter. Bonfire Financial raised its position in Vanguard Energy ETF by 7.0% in the 4th quarter. Bonfire Financial now owns 19,396 shares of the company’s stock worth $2,442,000 after buying an additional 1,267 shares during the last quarter. Finally, 55 North Private Wealth LLC purchased a new position in Vanguard Energy ETF in the 4th quarter worth about $1,007,000.

Vanguard Energy ETF Stock Performance

VDE opened at $169.58 on Friday. The company’s 50-day simple moving average is $163.33 and its two-hundred day simple moving average is $142.53. The stock has a market capitalization of $10.62 billion, a P/E ratio of 14.10 and a beta of 0.51. Vanguard Energy ETF has a 52-week low of $111.26 and a 52-week high of $179.34.

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). 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.