Cove Private Wealth LLC Invests $344,000 in Vanguard Energy ETF (NYSEARCA:VDE)

Cove Private Wealth LLC purchased a new stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,839 shares of the company’s stock, valued at approximately $344,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VDE. Financial Freedom LLC boosted its holdings in shares of Vanguard Energy ETF by 1.3% during the 4th quarter. Financial Freedom LLC now owns 21,783 shares of the company’s stock valued at $2,642,000 after buying an additional 287 shares in the last quarter. Global Wealth Management LLC lifted its position in Vanguard Energy ETF by 1.6% during the 4th quarter. Global Wealth Management LLC now owns 5,939 shares of the company’s stock valued at $720,000 after acquiring an additional 96 shares during the period. Evanson Asset Management LLC boosted its stake in Vanguard Energy ETF by 0.7% during the fourth quarter. Evanson Asset Management LLC now owns 13,694 shares of the company’s stock worth $1,661,000 after acquiring an additional 91 shares in the last quarter. Kera Capital Partners Inc. purchased a new stake in Vanguard Energy ETF in the fourth quarter worth about $4,153,000. Finally, HB Wealth Management LLC increased its stake in shares of Vanguard Energy ETF by 24.5% during the fourth quarter. HB Wealth Management LLC now owns 10,193 shares of the company’s stock valued at $1,237,000 after purchasing an additional 2,003 shares in the last quarter.

Vanguard Energy ETF Stock Performance

VDE stock opened at $132.76 on Monday. The firm has a 50 day moving average price of $127.39 and a 200-day moving average price of $126.21. Vanguard Energy ETF has a 52-week low of $110.51 and a 52-week high of $137.92. The firm has a market capitalization of $8.86 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51.

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).