Cornerstone Wealth Management LLC Boosts Holdings in Vanguard Energy ETF (NYSEARCA:VDE)

Cornerstone Wealth Management LLC increased its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,297 shares of the company’s stock after purchasing an additional 81 shares during the period. Cornerstone Wealth Management LLC’s holdings in Vanguard Energy ETF were worth $771,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC raised its holdings in shares of Vanguard Energy ETF by 0.8% during the 4th quarter. Fisher Asset Management LLC now owns 12,315 shares of the company’s stock worth $1,444,000 after acquiring an additional 98 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of Vanguard Energy ETF during the 1st quarter worth approximately $31,000. Mather Group LLC. purchased a new stake in shares of Vanguard Energy ETF during the 1st quarter worth approximately $40,000. Beacon Capital Management Inc. raised its holdings in shares of Vanguard Energy ETF by 222.4% during the 1st quarter. Beacon Capital Management Inc. now owns 1,324,346 shares of the company’s stock worth $175,569,000 after acquiring an additional 913,542 shares in the last quarter. Finally, Opal Wealth Advisors LLC purchased a new stake in Vanguard Energy ETF during the 1st quarter valued at $79,000.

Vanguard Energy ETF Stock Performance

NYSEARCA:VDE opened at $126.55 on Friday. The stock’s fifty day moving average is $124.70 and its 200 day moving average is $127.61. Vanguard Energy ETF has a fifty-two week low of $110.51 and a fifty-two week high of $137.92. The firm has a market capitalization of $8.44 billion, a PE 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).