HighTower Advisors LLC Has $24.09 Million Position in Vanguard Energy ETF (NYSEARCA:VDE)

HighTower Advisors LLC cut its position in Vanguard Energy ETF (NYSEARCA:VDE) by 1.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 196,815 shares of the company’s stock after selling 2,407 shares during the period. HighTower Advisors LLC’s holdings in Vanguard Energy ETF were worth $24,090,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in VDE. RPg Family Wealth Advisory LLC bought a new position in Vanguard Energy ETF in the 3rd quarter valued at approximately $46,000. Headlands Technologies LLC acquired a new position in Vanguard Energy ETF in the 2nd quarter valued at approximately $47,000. Banque Cantonale Vaudoise bought a new position in shares of Vanguard Energy ETF during the third quarter valued at $48,000. TruNorth Capital Management LLC acquired a new position in shares of Vanguard Energy ETF during the second quarter worth $64,000. Finally, Cedar Wealth Management LLC grew its stake in shares of Vanguard Energy ETF by 38.4% in the second 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.

Vanguard Energy ETF Stock Up 0.3 %

Shares of NYSEARCA:VDE opened at $130.32 on Friday. The firm has a market cap of $8.70 billion, a P/E ratio of 8.22 and a beta of 0.51. Vanguard Energy ETF has a 12-month low of $110.51 and a 12-month high of $137.92. The business has a fifty day simple moving average of $129.00 and a 200 day simple moving average of $126.94.

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).