Vanguard Energy ETF (NYSEARCA:VDE) Shares Sold by Summit Financial LLC
Summit Financial LLC trimmed its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 16.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 124,025 shares of the company’s stock after selling 24,566 shares during the period. Vanguard Energy ETF comprises 1.8% of Summit Financial LLC’s holdings, making the stock its 8th largest position. Summit Financial LLC’s holdings in Vanguard Energy ETF were worth $10,545,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of VDE. Advisory Services Network LLC acquired a new position in shares of Vanguard Energy ETF during the 2nd quarter worth about $34,000. Weaver Consulting Group acquired a new stake in Vanguard Energy ETF in the 1st quarter valued at about $40,000. Signaturefd LLC lifted its stake in Vanguard Energy ETF by 12,775.0% in the 2nd quarter. Signaturefd LLC now owns 515 shares of the company’s stock valued at $44,000 after purchasing an additional 511 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in Vanguard Energy ETF in the 2nd quarter valued at about $48,000. Finally, Prime Capital Investment Advisors LLC acquired a new stake in Vanguard Energy ETF in the 1st quarter valued at about $54,000.
NYSEARCA:VDE traded down $1.05 during mid-day trading on Thursday, hitting $73.25. The stock had a trading volume of 5,758 shares, compared to its average volume of 296,959. Vanguard Energy ETF has a twelve month low of $71.70 and a twelve month high of $108.55. The stock has a 50 day simple moving average of $82.34.
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).
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