Partners Wealth Management LLC Makes New $1.54 Million Investment in Vanguard Energy ETF (NYSEARCA:VDE)

Partners Wealth Management LLC bought a new position in Vanguard Energy ETF (NYSEARCA:VDE) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 12,717 shares of the company’s stock, valued at approximately $1,543,000. Vanguard Energy ETF accounts for approximately 1.8% of Partners Wealth Management LLC’s portfolio, making the stock its 14th largest holding.

A number of other large investors have also added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC purchased a new stake in shares of Vanguard Energy ETF during the third quarter worth about $46,000. Banque Cantonale Vaudoise purchased a new stake in shares of Vanguard Energy ETF during the third quarter worth about $48,000. Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Energy ETF during the fourth quarter worth about $48,000. Centricity Wealth Management LLC purchased a new stake in shares of Vanguard Energy ETF during the fourth quarter worth about $54,000. Finally, LRI Investments LLC purchased a new stake in shares of Vanguard Energy ETF during the third quarter worth about $58,000.

Vanguard Energy ETF Stock Performance

Shares of VDE stock opened at $127.00 on Monday. Vanguard Energy ETF has a fifty-two week low of $115.51 and a fifty-two week high of $137.92. The firm has a market capitalization of $8.47 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. The stock’s 50-day simple moving average is $125.17 and its 200-day simple moving average is $126.23.

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).