JPMorgan Chase & Co. Has $12.89 Million Holdings in Vanguard Energy ETF $VDE

JPMorgan Chase & Co. trimmed its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 9.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 102,408 shares of the company’s stock after selling 10,154 shares during the period. JPMorgan Chase & Co.’s holdings in Vanguard Energy ETF were worth $12,889,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Creative Capital Management Investments LLC acquired a new stake in shares of Vanguard Energy ETF in the third quarter worth about $25,000. Mather Group LLC. acquired a new position in shares of Vanguard Energy ETF during the 3rd quarter valued at about $33,000. Cloud Capital Management LLC acquired a new position in shares of Vanguard Energy ETF during the 3rd quarter valued at about $33,000. Tripletail Wealth Management LLC bought a new position in shares of Vanguard Energy ETF in the 3rd quarter valued at approximately $36,000. Finally, HM Payson & Co. raised its stake in shares of Vanguard Energy ETF by 100.0% in the 3rd quarter. HM Payson & Co. now owns 400 shares of the company’s stock valued at $50,000 after acquiring an additional 200 shares in the last quarter.

Vanguard Energy ETF Stock Performance

VDE opened at $176.95 on Friday. The firm has a market cap of $9.86 billion, a P/E ratio of 14.10 and a beta of 0.77. The business has a 50 day moving average price of $154.44 and a 200 day moving average price of $136.12. Vanguard Energy ETF has a twelve month low of $103.07 and a twelve month high of $177.45.

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). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.