Foundations Investment Advisors LLC Has $4.53 Million Position in Vanguard Energy ETF (NYSEARCA:VDE)

Foundations Investment Advisors LLC lifted its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 0.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,499 shares of the company’s stock after acquiring an additional 94 shares during the period. Foundations Investment Advisors LLC’s holdings in Vanguard Energy ETF were worth $4,529,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. International Assets Investment Management LLC acquired a new position in shares of Vanguard Energy ETF during the 4th quarter valued at $319,000. Merit Financial Group LLC raised its holdings in shares of Vanguard Energy ETF by 10.7% during the fourth quarter. Merit Financial Group LLC now owns 1,944 shares of the company’s stock valued at $228,000 after purchasing an additional 188 shares during the period. Wealthspire Advisors LLC boosted its position in shares of Vanguard Energy ETF by 30.2% during the 4th quarter. Wealthspire Advisors LLC now owns 5,320 shares of the company’s stock worth $624,000 after purchasing an additional 1,235 shares in the last quarter. Concourse Financial Group Securities Inc. grew its stake in shares of Vanguard Energy ETF by 5.7% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 16,349 shares of the company’s stock valued at $1,917,000 after buying an additional 886 shares during the period. Finally, Advantage Trust Co bought a new stake in Vanguard Energy ETF in the 4th quarter valued at about $411,000.

Vanguard Energy ETF Stock Performance

VDE stock opened at $122.14 on Thursday. The stock’s 50 day simple moving average is $126.69 and its 200 day simple moving average is $127.75. The company has a market cap of $8.15 billion, a P/E ratio of 8.22 and a beta of 0.51. Vanguard Energy ETF has a fifty-two week low of $110.51 and a fifty-two week high of $137.92.

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).