Strait & Sound Wealth Management LLC Makes New Investment in Vanguard Energy ETF (NYSEARCA:VDE)

Strait & Sound Wealth Management LLC purchased a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the third quarter, HoldingsChannel reports. The institutional investor purchased 2,394 shares of the company’s stock, valued at approximately $293,000.

Other hedge funds have also made changes to their positions in the company. Janney Montgomery Scott LLC lifted its position in Vanguard Energy ETF by 79.6% during the third quarter. Janney Montgomery Scott LLC now owns 22,097 shares of the company’s stock worth $2,706,000 after buying an additional 9,794 shares during the period. Choreo LLC boosted its position in shares of Vanguard Energy ETF by 173.2% in the second quarter. Choreo LLC now owns 7,487 shares of the company’s stock worth $955,000 after acquiring an additional 4,747 shares during the last quarter. US Bancorp DE grew its holdings in Vanguard Energy ETF by 5.8% in the third quarter. US Bancorp DE now owns 3,783 shares of the company’s stock valued at $463,000 after purchasing an additional 206 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in Vanguard Energy ETF by 2.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 104,566 shares of the company’s stock worth $13,340,000 after purchasing an additional 2,409 shares during the last quarter. Finally, Brookstone Capital Management raised its stake in Vanguard Energy ETF by 2.2% during the second quarter. Brookstone Capital Management now owns 6,523 shares of the company’s stock worth $854,000 after purchasing an additional 142 shares during the period.

Vanguard Energy ETF Stock Down 0.2 %

Shares of VDE opened at $127.67 on Tuesday. Vanguard Energy ETF has a fifty-two week low of $110.51 and a fifty-two week high of $137.92. The company’s fifty day moving average is $129.23 and its two-hundred day moving average is $126.87. The firm has a market cap of $8.52 billion, a PE ratio of 8.22 and a beta of 0.51.

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).