Richmond Brothers Inc. Raises Stock Holdings in Vanguard Energy ETF (NYSEARCA:VDE)

Richmond Brothers Inc. increased its position in Vanguard Energy ETF (NYSEARCA:VDE) by 14.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 29,232 shares of the company’s stock after purchasing an additional 3,660 shares during the period. Vanguard Energy ETF makes up 2.3% of Richmond Brothers Inc.’s holdings, making the stock its 17th biggest holding. Richmond Brothers Inc.’s holdings in Vanguard Energy ETF were worth $3,546,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in VDE. Natixis Advisors LLC increased its stake in shares of Vanguard Energy ETF by 72.6% in the third quarter. Natixis Advisors LLC now owns 24,366 shares of the company’s stock worth $2,984,000 after buying an additional 10,252 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of Vanguard Energy ETF by 4.2% in the third quarter. Thrivent Financial for Lutherans now owns 32,835 shares of the company’s stock worth $4,025,000 after buying an additional 1,318 shares during the period. Prospera Financial Services Inc increased its stake in shares of Vanguard Energy ETF by 124.0% in the third quarter. Prospera Financial Services Inc now owns 13,576 shares of the company’s stock worth $1,663,000 after buying an additional 7,515 shares during the period. Banque Cantonale Vaudoise purchased a new position in shares of Vanguard Energy ETF in the third quarter worth $48,000. Finally, Mason Investment Advisory Services Inc. boosted its holdings in Vanguard Energy ETF by 2.2% in the third quarter. Mason Investment Advisory Services Inc. now owns 5,858 shares of the company’s stock valued at $717,000 after acquiring an additional 124 shares in the last quarter.

Vanguard Energy ETF Stock Up 0.3 %

NYSEARCA:VDE opened at $126.83 on Wednesday. The stock has a market cap of $11.78 billion, a P/E ratio of 13.74 and a beta of 1.22. The firm’s fifty day simple moving average is $126.04 and its 200 day simple moving average is $125.92. Vanguard Energy ETF has a twelve month low of $115.51 and a twelve month high of $137.92.

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).