M Holdings Securities Inc. Purchases Shares of 38,039 Vanguard Energy ETF $VDE

M Holdings Securities Inc. purchased a new stake in Vanguard Energy ETF (NYSEARCA:VDE) during the 4th quarter, HoldingsChannel reports. The fund purchased 38,039 shares of the company’s stock, valued at approximately $4,790,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Vanguard Energy ETF by 330.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 215 shares of the company’s stock valued at $27,000 after acquiring an additional 165 shares in the last quarter. SouthState Bank Corp purchased a new position in shares of Vanguard Energy ETF during the 4th quarter valued at about $27,000. Godfrey Financial Associates Inc. purchased a new position in shares of Vanguard Energy ETF during the 4th quarter valued at about $33,000. Franklin Resources Inc. grew its position in Vanguard Energy ETF by 3,055.6% during the fourth quarter. Franklin Resources Inc. now owns 284 shares of the company’s stock valued at $36,000 after acquiring an additional 275 shares during the last quarter. Finally, Pittenger & Anderson Inc. purchased a new position in shares of Vanguard Energy ETF during the fourth quarter worth approximately $43,000.

Vanguard Energy ETF Stock Performance

VDE stock opened at $164.08 on Thursday. The company has a market capitalization of $10.27 billion, a PE ratio of 14.10 and a beta of 0.42. Vanguard Energy ETF has a one year low of $118.17 and a one year high of $179.34. The company’s 50 day moving average price is $164.17 and its two-hundred day moving average price is $150.35.

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.