SMI Advisory Services LLC Sells 10,510 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

SMI Advisory Services LLC lessened its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 63.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 6,093 shares of the company’s stock after selling 10,510 shares during the period. SMI Advisory Services LLC’s holdings in Vanguard Energy ETF were worth $778,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VDE. Janney Montgomery Scott LLC boosted its position in Vanguard Energy ETF by 79.6% during the third quarter. Janney Montgomery Scott LLC now owns 22,097 shares of the company’s stock valued at $2,706,000 after purchasing an additional 9,794 shares in the last quarter. US Bancorp DE grew its position in Vanguard Energy ETF by 5.8% during the 3rd quarter. US Bancorp DE now owns 3,783 shares of the company’s stock worth $463,000 after purchasing an additional 206 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of Vanguard Energy ETF by 12.9% in the third quarter. Global Retirement Partners LLC now owns 6,220 shares of the company’s stock valued at $762,000 after purchasing an additional 710 shares during the period. Pitcairn Co. acquired a new position in Vanguard Energy ETF during the third quarter valued at $429,000. Finally, Grandview Asset Management LLC lifted its holdings in Vanguard Energy ETF by 5.5% in the third quarter. Grandview Asset Management LLC now owns 1,838 shares of the company’s stock valued at $225,000 after acquiring an additional 96 shares during the period.

Vanguard Energy ETF Stock Down 1.8 %

VDE stock opened at $129.56 on Thursday. Vanguard Energy ETF has a 52-week low of $112.18 and a 52-week high of $137.92. The company’s 50-day simple moving average is $127.41 and its 200-day simple moving average is $126.28. The firm has a market cap of $8.65 billion, a P/E ratio of 8.22 and a beta of 0.51.

About Vanguard Energy ETF

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).