Laidlaw Wealth Management LLC Makes New $204,000 Investment in Vanguard Energy ETF (NYSEARCA:VDE)

Laidlaw Wealth Management LLC bought a new position in Vanguard Energy ETF (NYSEARCA:VDE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,681 shares of the company’s stock, valued at approximately $204,000.

A number of other large investors have also added to or reduced their stakes in VDE. RPg Family Wealth Advisory LLC bought a new position in Vanguard Energy ETF in the third quarter worth about $46,000. Banque Cantonale Vaudoise bought a new position in Vanguard Energy ETF in the third quarter worth about $48,000. Golden State Wealth Management LLC acquired a new position in shares of Vanguard Energy ETF during the fourth quarter valued at about $48,000. LRI Investments LLC acquired a new position in shares of Vanguard Energy ETF during the third quarter valued at about $58,000. Finally, Global Financial Private Client LLC increased its holdings 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 acquiring an additional 154 shares in the last quarter.

Vanguard Energy ETF Stock Up 0.6 %

VDE opened at $128.73 on Thursday. Vanguard Energy ETF has a 52-week low of $115.51 and a 52-week high of $137.92. The company has a market cap of $8.59 billion, a P/E ratio of 8.22 and a beta of 0.51. The firm’s 50-day moving average price is $125.08 and its 200-day moving average price is $126.10.

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).