Axiom Financial Strategies LLC Acquires 6,615 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Axiom Financial Strategies LLC boosted its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 24.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,312 shares of the company’s stock after acquiring an additional 6,615 shares during the quarter. Vanguard Energy ETF makes up approximately 2.3% of Axiom Financial Strategies LLC’s portfolio, making the stock its 15th largest holding. Axiom Financial Strategies LLC’s holdings in Vanguard Energy ETF were worth $4,041,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VDE. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Energy ETF by 3.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 535,209 shares of the company’s stock valued at $68,276,000 after purchasing an additional 20,125 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Vanguard Energy ETF by 2.2% during the second quarter. NewEdge Advisors LLC now owns 26,014 shares of the company’s stock valued at $3,319,000 after purchasing an additional 566 shares during the last quarter. Newport Capital Group LLC acquired a new position in Vanguard Energy ETF during the second quarter valued at approximately $2,009,000. B. Riley Wealth Advisors Inc. grew its holdings in Vanguard Energy ETF by 1.6% during the second quarter. B. Riley Wealth Advisors Inc. now owns 14,645 shares of the company’s stock valued at $1,882,000 after purchasing an additional 232 shares during the last quarter. Finally, Hershey Financial Advisers LLC acquired a new position in Vanguard Energy ETF during the second quarter valued at approximately $1,678,000.

Vanguard Energy ETF Trading Down 1.1 %

Shares of VDE stock opened at $127.40 on Tuesday. Vanguard Energy ETF has a 1 year low of $114.45 and a 1 year high of $137.92. The firm’s fifty day simple moving average is $127.24 and its 200 day simple moving average is $126.37. The firm has a market capitalization of $8.50 billion, a P/E ratio of 8.22 and a beta of 0.51.

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).