BNC Wealth Management LLC Sells 213 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

BNC Wealth Management LLC cut its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 11.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,652 shares of the company’s stock after selling 213 shares during the period. BNC Wealth Management LLC’s holdings in Vanguard Energy ETF were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VDE. Sanctuary Advisors LLC bought a new stake in shares of Vanguard Energy ETF in the second quarter valued at about $5,436,000. Kera Capital Partners Inc. acquired a new position in shares of Vanguard Energy ETF in the fourth quarter valued at approximately $4,153,000. SWAN Capital LLC grew its position in shares of Vanguard Energy ETF by 52.2% in the third quarter. SWAN Capital LLC now owns 87,489 shares of the company’s stock valued at $10,715,000 after purchasing an additional 30,002 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Vanguard Energy ETF by 3.0% in the third quarter. The Manufacturers Life Insurance Company now owns 851,122 shares of the company’s stock valued at $104,237,000 after buying an additional 24,476 shares during the period. Finally, Royal Fund Management LLC boosted its stake in shares of Vanguard Energy ETF by 134.8% in the third quarter. Royal Fund Management LLC now owns 37,728 shares of the company’s stock valued at $4,657,000 after buying an additional 21,660 shares during the period.

Vanguard Energy ETF Price Performance

NYSEARCA VDE opened at $132.76 on Friday. The business has a fifty day moving average price of $127.39 and a two-hundred day moving average price of $126.22. Vanguard Energy ETF has a fifty-two week low of $110.51 and a fifty-two week high of $137.92. The stock has a market capitalization of $8.86 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).