Shelter Mutual Insurance Co Acquires Shares of 314,823 Vanguard Energy ETF $VDE

Shelter Mutual Insurance Co acquired a new stake in Vanguard Energy ETF (NYSEARCA:VDE) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 314,823 shares of the company’s stock, valued at approximately $26,914,000. Vanguard Energy ETF comprises approximately 5.7% of Shelter Mutual Insurance Co’s investment portfolio, making the stock its 3rd biggest position.

A number of other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC increased its stake in shares of Vanguard Energy ETF by 1.6% in the fourth quarter. LPL Financial LLC now owns 813,753 shares of the company’s stock worth $102,468,000 after buying an additional 12,772 shares during the period. Royal Bank of Canada boosted its position in Vanguard Energy ETF by 17.6% during the 1st quarter. Royal Bank of Canada now owns 493,318 shares of the company’s stock valued at $85,364,000 after buying an additional 73,950 shares during the period. SCS Capital Management LLC grew its holdings in Vanguard Energy ETF by 9.0% in the 4th quarter. SCS Capital Management LLC now owns 370,931 shares of the company’s stock worth $46,708,000 after acquiring an additional 30,766 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in Vanguard Energy ETF by 23,247.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock worth $42,106,000 after acquiring an additional 351,963 shares during the last quarter. Finally, PGIM Custom Harvest LLC increased its position in shares of Vanguard Energy ETF by 4.8% in the third quarter. PGIM Custom Harvest LLC now owns 346,193 shares of the company’s stock valued at $43,572,000 after acquiring an additional 15,847 shares during the period.

Vanguard Energy ETF Trading Down 0.1%

Shares of NYSEARCA:VDE opened at $179.58 on Friday. The company has a market cap of $10.77 billion, a price-to-earnings ratio of 14.10 and a beta of 0.43. The company has a 50-day moving average price of $161.91 and a 200-day moving average price of $161.78. Vanguard Energy ETF has a 12 month low of $119.84 and a 12 month high of $182.15.

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.