Focus Financial Network Inc. Takes Position in Vanguard Energy ETF (NYSEARCA:VDE)

Focus Financial Network Inc. purchased a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 5,859 shares of the company’s stock, valued at approximately $724,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Vanguard Energy ETF in the 2nd quarter valued at about $43,000. Headlands Technologies LLC acquired a new stake in shares of Vanguard Energy ETF in the second quarter valued at approximately $47,000. TruNorth Capital Management LLC bought a new position in Vanguard Energy ETF in the 2nd quarter worth approximately $64,000. Cedar Wealth Management LLC raised its position in Vanguard Energy ETF by 38.4% in the 2nd quarter. Cedar Wealth Management LLC now owns 833 shares of the company’s stock worth $106,000 after purchasing an additional 231 shares during the last quarter. Finally, AdvisorNet Financial Inc lifted its holdings in Vanguard Energy ETF by 46.5% during the 2nd quarter. AdvisorNet Financial Inc now owns 999 shares of the company’s stock worth $127,000 after buying an additional 317 shares in the last quarter.

Vanguard Energy ETF Stock Performance

NYSEARCA VDE opened at $122.72 on Friday. The stock has a market capitalization of $8.19 billion, a P/E ratio of 8.22 and a beta of 0.51. Vanguard Energy ETF has a 52 week low of $110.51 and a 52 week high of $137.92. The stock has a fifty day moving average of $124.53 and a 200-day moving average of $126.78.

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).