Independent Wealth Network Inc. Sells 135 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Independent Wealth Network Inc. lessened its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 3.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,270 shares of the company’s stock after selling 135 shares during the quarter. Independent Wealth Network Inc.’s holdings in Vanguard Energy ETF were worth $482,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its position in shares of Vanguard Energy ETF by 94.4% in the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 243 shares of the company’s stock worth $28,000 after purchasing an additional 118 shares in the last quarter. Colonial Trust Co SC grew its stake in Vanguard Energy ETF by 154.2% during the 1st quarter. Colonial Trust Co SC now owns 272 shares of the company’s stock worth $31,000 after buying an additional 165 shares during the last quarter. Ahrens Investment Partners LLC purchased a new position in Vanguard Energy ETF during the 1st quarter worth $36,000. Tsfg LLC purchased a new position in Vanguard Energy ETF during the 1st quarter worth $41,000. Finally, Howe & Rusling Inc. purchased a new position in Vanguard Energy ETF during the 4th quarter worth $43,000.

Vanguard Energy ETF Stock Performance

VDE stock traded down $0.57 on Tuesday, hitting $129.06. 151,411 shares of the company’s stock were exchanged, compared to its average volume of 498,413. Vanguard Energy ETF has a 12-month low of $97.60 and a 12-month high of $132.63. The firm has a 50 day moving average price of $122.62 and a two-hundred day moving average price of $116.15. The stock has a market cap of $8.37 billion, a P/E ratio of 9.90 and a beta of 1.39.

Vanguard Energy ETF Company 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).