Parcion Private Wealth LLC Invests $15.10 Million in Vanguard Energy ETF (NYSEARCA:VDE)

Parcion Private Wealth LLC purchased a new stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the 4th quarter, Holdings Channel reports. The fund purchased 124,480 shares of the company’s stock, valued at approximately $15,101,000. Vanguard Energy ETF makes up 1.2% of Parcion Private Wealth LLC’s holdings, making the stock its 22nd largest position.

Several other hedge funds have also recently bought and sold shares of VDE. Janney Montgomery Scott LLC boosted its holdings in shares of 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 purchasing an additional 9,794 shares during the period. US Bancorp DE boosted its stake in shares of Vanguard Energy ETF by 5.8% during the 3rd quarter. US Bancorp DE now owns 3,783 shares of the company’s stock valued at $463,000 after buying an additional 206 shares during the period. Pitcairn Co. purchased a new position in shares of Vanguard Energy ETF during the 3rd quarter valued at $429,000. Creative Planning increased its stake in shares of Vanguard Energy ETF by 4.1% in the third quarter. Creative Planning now owns 68,530 shares of the company’s stock worth $8,393,000 after acquiring an additional 2,713 shares during the last quarter. Finally, Center for Financial Planning Inc. raised its holdings in shares of Vanguard Energy ETF by 7.6% during the fourth quarter. Center for Financial Planning Inc. now owns 5,494 shares of the company’s stock worth $666,000 after acquiring an additional 387 shares in the last quarter.

Vanguard Energy ETF Price Performance

Shares of VDE stock opened at $128.73 on Thursday. Vanguard Energy ETF has a fifty-two week low of $115.51 and a fifty-two week high of $137.92. The stock’s 50-day moving average is $125.08 and its two-hundred day moving average is $126.10. The firm has a market cap of $8.59 billion, a P/E ratio of 8.22 and a beta of 0.51.

Vanguard Energy ETF Company 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).