Beacon Capital Management Inc. Lowers Stock Holdings in Vanguard Energy ETF (NYSEARCA:VDE)

Beacon Capital Management Inc. decreased its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 880,112 shares of the company’s stock after selling 18,450 shares during the period. Vanguard Energy ETF comprises approximately 4.6% of Beacon Capital Management Inc.’s investment portfolio, making the stock its 11th largest holding. Beacon Capital Management Inc.’s holdings in Vanguard Energy ETF were worth $106,766,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VDE. Assetmark Inc. boosted its stake in shares of Vanguard Energy ETF by 31.4% in the fourth quarter. Assetmark Inc. now owns 6,373 shares of the company’s stock worth $773,000 after acquiring an additional 1,524 shares during the last quarter. Blue Trust Inc. grew its position in shares of Vanguard Energy ETF by 24.9% in the fourth quarter. Blue Trust Inc. now owns 1,918 shares of the company’s stock valued at $233,000 after purchasing an additional 382 shares in the last quarter. Pitcairn Co. purchased a new position in Vanguard Energy ETF during the third quarter worth approximately $429,000. Center for Financial Planning Inc. raised its holdings in shares of Vanguard Energy ETF by 7.6% during the 4th quarter. Center for Financial Planning Inc. now owns 5,494 shares of the company’s stock worth $666,000 after acquiring an additional 387 shares during the period. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Vanguard Energy ETF in the fourth quarter valued at about $8,447,000.

Vanguard Energy ETF Stock Performance

VDE opened at $129.37 on Friday. The business’s 50 day moving average price is $126.22 and its 200 day moving average price is $125.97. The stock has a market capitalization of $12.01 billion, a PE ratio of 13.74 and a beta of 1.22. Vanguard Energy ETF has a one year low of $115.51 and a one year high of $137.92.

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).