Gray Wealth Management Inc. Has $1.68 Million Stake in Vanguard Energy ETF (NYSEARCA:VDE)

Gray Wealth Management Inc. trimmed its position in Vanguard Energy ETF (NYSEARCA:VDE) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,347 shares of the company’s stock after selling 628 shares during the quarter. Vanguard Energy ETF accounts for 0.8% of Gray Wealth Management Inc.’s holdings, making the stock its 29th biggest holding. Gray Wealth Management Inc.’s holdings in Vanguard Energy ETF were worth $1,683,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of VDE. Cibc World Market Inc. grew its holdings in shares of Vanguard Energy ETF by 41.9% during the 1st quarter. Cibc World Market Inc. now owns 16,533 shares of the company’s stock worth $1,770,000 after purchasing an additional 4,884 shares in the last quarter. Blair William & Co. IL boosted its position in shares of Vanguard Energy ETF by 291.0% during the 1st quarter. Blair William & Co. IL now owns 9,692 shares of the company’s stock worth $1,037,000 after acquiring an additional 7,213 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in Vanguard Energy ETF by 130.1% during the first quarter. Sequoia Financial Advisors LLC now owns 6,603 shares of the company’s stock worth $707,000 after purchasing an additional 3,733 shares during the last quarter. Covestor Ltd boosted its holdings in shares of Vanguard Energy ETF by 91.9% in the 1st quarter. Covestor Ltd now owns 1,397 shares of the company’s stock valued at $150,000 after purchasing an additional 669 shares in the last quarter. Finally, Prudential Financial Inc. grew its holdings in shares of Vanguard Energy ETF by 53.9% during the 1st quarter. Prudential Financial Inc. now owns 122,595 shares of the company’s stock valued at $13,122,000 after purchasing an additional 42,934 shares during the last quarter.

Vanguard Energy ETF Price Performance

Shares of NYSEARCA VDE traded down $0.29 during mid-day trading on Thursday, hitting $130.68. 443,534 shares of the stock traded hands, compared to its average volume of 562,031. The firm has a 50 day simple moving average of $126.10 and a two-hundred day simple moving average of $121.21. Vanguard Energy ETF has a twelve month low of $105.51 and a twelve month high of $137.92. The company has a market cap of $8.72 billion, a PE ratio of 8.50 and a beta of 0.55.

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).