Kovack Advisors Inc. Sells 1,688 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Kovack Advisors Inc. cut its position in Vanguard Energy ETF (NYSEARCA:VDE) by 44.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,109 shares of the company’s stock after selling 1,688 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard Energy ETF were worth $247,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FAS Wealth Partners Inc. lifted its holdings in shares of Vanguard Energy ETF by 0.8% during the third quarter. FAS Wealth Partners Inc. now owns 10,772 shares of the company’s stock worth $1,365,000 after buying an additional 85 shares in the last quarter. Blue Trust Inc. boosted its holdings in Vanguard Energy ETF by 5.8% in the 4th quarter. Blue Trust Inc. now owns 1,669 shares of the company’s stock valued at $211,000 after purchasing an additional 91 shares during the period. Semus Wealth Partners LLC boosted its holdings in Vanguard Energy ETF by 1.6% in the 3rd quarter. Semus Wealth Partners LLC now owns 5,807 shares of the company’s stock valued at $736,000 after purchasing an additional 94 shares during the period. American Institute for Advanced Investment Management LLP grew its position in shares of Vanguard Energy ETF by 1.0% during the 4th quarter. American Institute for Advanced Investment Management LLP now owns 9,259 shares of the company’s stock worth $1,086,000 after purchasing an additional 94 shares in the last quarter. Finally, Financial Freedom LLC increased its holdings in shares of Vanguard Energy ETF by 0.4% during the third quarter. Financial Freedom LLC now owns 24,885 shares of the company’s stock worth $3,154,000 after purchasing an additional 100 shares during the period.

Vanguard Energy ETF Trading Up 0.7 %

Shares of VDE stock opened at $134.44 on Tuesday. The stock has a market cap of $8.97 billion, a P/E ratio of 8.50 and a beta of 0.55. Vanguard Energy ETF has a 1 year low of $105.51 and a 1 year high of $137.92. The stock has a 50 day simple moving average of $128.61 and a 200 day simple moving average of $121.81.

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).