Focus Financial Network Inc. Acquires New Position in Vanguard Energy ETF (NYSEARCA:VDE)

Focus Financial Network Inc. bought a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,859 shares of the company’s stock, valued at approximately $724,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Vanguard Energy ETF in the 2nd quarter valued at about $43,000. Headlands Technologies LLC bought a new position in Vanguard Energy ETF during the 2nd quarter worth approximately $47,000. TruNorth Capital Management LLC acquired a new position in Vanguard Energy ETF during the second quarter valued at approximately $64,000. Cedar Wealth Management LLC increased its stake in Vanguard Energy ETF by 38.4% in the second quarter. Cedar Wealth Management LLC now owns 833 shares of the company’s stock valued at $106,000 after purchasing an additional 231 shares in the last quarter. Finally, AdvisorNet Financial Inc increased its stake in Vanguard Energy ETF by 46.5% in the second quarter. AdvisorNet Financial Inc now owns 999 shares of the company’s stock valued at $127,000 after purchasing an additional 317 shares in the last quarter.

Vanguard Energy ETF Stock Down 0.7 %

Shares of NYSEARCA VDE opened at $122.72 on Friday. Vanguard Energy ETF has a twelve month low of $110.51 and a twelve month high of $137.92. The stock has a market cap of $8.19 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. The company’s fifty day moving average is $124.53 and its 200-day moving average is $126.78.

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).