SMI Advisory Services LLC Buys New Stake in Vanguard Energy ETF (NYSEARCA:VDE)

SMI Advisory Services LLC purchased a new position in Vanguard Energy ETF (NYSEARCA:VDE) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 20,733 shares of the company’s stock, valued at approximately $2,816,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Beacon Capital Management Inc. lifted its holdings in shares of Vanguard Energy ETF by 222.4% during the 1st quarter. Beacon Capital Management Inc. now owns 1,324,346 shares of the company’s stock worth $175,569,000 after acquiring an additional 913,542 shares during the period. UBS Group AG grew its position 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 buying an additional 440,740 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Vanguard Energy ETF during the 4th quarter worth approximately $37,385,000. The Manufacturers Life Insurance Company grew its holdings in Vanguard Energy ETF by 19.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 849,158 shares of the company’s stock valued at $99,589,000 after purchasing an additional 140,274 shares during the period. Finally, Allen Wealth Management LLC acquired a new position in Vanguard Energy ETF during the fourth quarter valued at approximately $9,596,000.

Vanguard Energy ETF Stock Performance

Shares of NYSEARCA VDE opened at $128.38 on Thursday. Vanguard Energy ETF has a 52-week low of $109.14 and a 52-week high of $137.92. The firm has a 50 day moving average price of $129.02 and a 200 day moving average price of $124.20. The stock has a market cap of $8.57 billion, a P/E ratio of 8.22 and a beta of 0.51.

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).