Wellington Shields Capital Management LLC Lowers Position in Vanguard Energy ETF (NYSEARCA:VDE)

Wellington Shields Capital Management LLC lowered its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 2.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,949 shares of the company’s stock after selling 798 shares during the period. Vanguard Energy ETF makes up approximately 0.8% of Wellington Shields Capital Management LLC’s portfolio, making the stock its 25th biggest holding. Wellington Shields Capital Management LLC owned approximately 0.05% of Vanguard Energy ETF worth $4,586,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VDE. UBS Group AG grew its holdings in shares of Vanguard Energy ETF by 24.5% during the 4th quarter. UBS Group AG now owns 2,236,851 shares of the company’s stock worth $262,338,000 after purchasing an additional 440,740 shares during the period. Beacon Capital Management Inc. grew its stake in Vanguard Energy ETF by 222.4% during the first quarter. Beacon Capital Management Inc. now owns 1,324,346 shares of the company’s stock worth $175,569,000 after buying an additional 913,542 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of Vanguard Energy ETF by 19.8% in the fourth quarter. The Manufacturers Life Insurance Company now owns 849,158 shares of the company’s stock worth $99,589,000 after acquiring an additional 140,274 shares in the last quarter. Stifel Financial Corp raised its stake in shares of Vanguard Energy ETF by 1.4% in the 4th quarter. Stifel Financial Corp now owns 365,083 shares of the company’s stock valued at $42,817,000 after acquiring an additional 5,104 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of Vanguard Energy ETF by 930.9% in the 1st quarter. Cetera Investment Advisers now owns 283,453 shares of the company’s stock valued at $37,331,000 after acquiring an additional 255,958 shares during the period.

Vanguard Energy ETF Stock Performance

Vanguard Energy ETF stock traded up $0.99 during trading on Friday, reaching $122.28. 16,256 shares of the company’s stock were exchanged, compared to its average volume of 444,905. Vanguard Energy ETF has a 52-week low of $110.51 and a 52-week high of $137.92. The firm has a market cap of $8.16 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. The company’s 50-day moving average is $126.58 and its two-hundred day moving average is $127.71.

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).