Cornerstone Wealth Management LLC Buys 420 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Cornerstone Wealth Management LLC lifted its position in Vanguard Energy ETF (NYSEARCA:VDE) by 6.7% during the 4th quarter, Holdings Channel reports. The firm owned 6,717 shares of the company’s stock after acquiring an additional 420 shares during the period. Cornerstone Wealth Management LLC’s holdings in Vanguard Energy ETF were worth $815,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in VDE. RPg Family Wealth Advisory LLC bought a new stake in shares of Vanguard Energy ETF in the third quarter worth about $46,000. Banque Cantonale Vaudoise bought a new position in Vanguard Energy ETF during the 3rd quarter valued at approximately $48,000. LRI Investments LLC bought a new stake in shares of Vanguard Energy ETF in the 3rd quarter worth approximately $58,000. Global Financial Private Client LLC increased its stake in shares of Vanguard Energy ETF by 45.4% during the fourth quarter. Global Financial Private Client LLC now owns 493 shares of the company’s stock valued at $60,000 after buying an additional 154 shares during the period. Finally, JFS Wealth Advisors LLC bought a new position in shares of Vanguard Energy ETF during the third quarter valued at approximately $153,000.

Vanguard Energy ETF Price Performance

Shares of NYSEARCA VDE opened at $128.86 on Friday. Vanguard Energy ETF has a 1 year low of $114.45 and a 1 year high of $137.92. The stock has a market capitalization of $8.60 billion, a P/E ratio of 8.22 and a beta of 0.51. The company’s 50-day moving average is $127.24 and its 200 day moving average is $126.37.

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).