Parsons Capital Management Inc. RI reduced its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 5.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 2,485 shares of the company’s stock after selling 140 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in Vanguard Energy ETF were worth $211,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Stephens Inc. AR raised its position in Vanguard Energy ETF by 0.9% in the 2nd quarter. Stephens Inc. AR now owns 20,291 shares of the company’s stock valued at $1,725,000 after buying an additional 174 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Vanguard Energy ETF in the 2nd quarter valued at $34,000. CWM LLC raised its position in Vanguard Energy ETF by 5.5% in the 2nd quarter. CWM LLC now owns 3,303 shares of the company’s stock valued at $281,000 after buying an additional 173 shares during the last quarter. Signaturefd LLC raised its position in Vanguard Energy ETF by 12,775.0% in the 2nd quarter. Signaturefd LLC now owns 515 shares of the company’s stock valued at $44,000 after buying an additional 511 shares during the last quarter. Finally, Advisor Group Inc. raised its position in Vanguard Energy ETF by 20.9% in the 2nd quarter. Advisor Group Inc. now owns 171,300 shares of the company’s stock valued at $14,570,000 after buying an additional 29,569 shares during the last quarter.
NYSEARCA VDE traded up $1.14 on Friday, reaching $75.06. The company had a trading volume of 298,800 shares, compared to its average volume of 297,449. The company’s fifty day moving average is $81.93 and its 200 day moving average is $85.70. Vanguard Energy ETF has a 52-week low of $71.70 and a 52-week high of $108.55.
Vanguard Energy ETF Company 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).
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