Rialto Wealth Management LLC Buys Shares of 899 Vanguard Energy ETF (NYSEARCA:VDE)

Rialto Wealth Management LLC purchased a new position in Vanguard Energy ETF (NYSEARCA:VDE) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 899 shares of the company’s stock, valued at approximately $109,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. The Manufacturers Life Insurance Company raised its stake in Vanguard Energy ETF by 3.0% during the third quarter. The Manufacturers Life Insurance Company now owns 851,122 shares of the company’s stock worth $104,237,000 after acquiring an additional 24,476 shares during the period. Raymond James Financial Inc. bought a new position in shares of Vanguard Energy ETF during the fourth quarter valued at approximately $31,935,000. Empower Advisory Group LLC raised its position in shares of Vanguard Energy ETF by 3.1% during the 4th quarter. Empower Advisory Group LLC now owns 197,841 shares of the company’s stock worth $24,000,000 after purchasing an additional 5,918 shares during the period. Strategic Financial Concepts LLC lifted its holdings in shares of Vanguard Energy ETF by 11,313.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 194,950 shares of the company’s stock worth $23,649,000 after purchasing an additional 193,242 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in Vanguard Energy ETF by 11.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 125,984 shares of the company’s stock valued at $15,429,000 after purchasing an additional 13,342 shares during the period.

Vanguard Energy ETF Price Performance

Shares of VDE opened at $121.24 on Friday. The company has a market cap of $11.26 billion, a P/E ratio of 13.80 and a beta of 1.25. Vanguard Energy ETF has a 12 month low of $115.51 and a 12 month high of $137.92. The stock has a fifty day moving average price of $125.91 and a 200 day moving average price of $126.06.

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).