Salem Investment Counselors Inc. Sells 9,915 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Salem Investment Counselors Inc. lowered its position in Vanguard Energy ETF (NYSEARCA:VDE) by 48.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,409 shares of the company’s stock after selling 9,915 shares during the period. Salem Investment Counselors Inc.’s holdings in Vanguard Energy ETF were worth $1,263,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. RPg Family Wealth Advisory LLC bought a new stake in shares of Vanguard Energy ETF in the third quarter worth about $46,000. Headlands Technologies LLC acquired a new position in shares of Vanguard Energy ETF in the 2nd quarter valued at approximately $47,000. Banque Cantonale Vaudoise bought a new stake in Vanguard Energy ETF during the 3rd quarter worth approximately $48,000. LRI Investments LLC acquired a new stake in Vanguard Energy ETF during the 3rd quarter worth approximately $58,000. Finally, Cedar Wealth Management LLC lifted its stake in Vanguard Energy ETF by 38.4% in the second quarter. Cedar Wealth Management LLC now owns 833 shares of the company’s stock valued at $106,000 after buying an additional 231 shares in the last quarter.

Vanguard Energy ETF Stock Up 2.1 %

Vanguard Energy ETF stock opened at $127.69 on Tuesday. Vanguard Energy ETF has a twelve month low of $110.51 and a twelve month high of $137.92. The company has a 50 day moving average of $127.27 and a 200-day moving average of $126.11. The stock has a market capitalization of $8.52 billion, a PE ratio of 8.22 and a beta of 0.51.

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).