Vanguard Energy ETF $VDE Shares Sold by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC lowered its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 18.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,503 shares of the company’s stock after selling 5,216 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in Vanguard Energy ETF were worth $2,681,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VDE. Hughes Financial Services LLC acquired a new position in shares of Vanguard Energy ETF in the first quarter valued at approximately $25,000. Morton Brown Family Wealth LLC acquired a new position in shares of Vanguard Energy ETF in the first quarter valued at approximately $33,000. Cloud Capital Management LLC acquired a new position in shares of Vanguard Energy ETF in the first quarter valued at approximately $34,000. Smartleaf Asset Management LLC increased its holdings in shares of Vanguard Energy ETF by 165.4% in the first quarter. Smartleaf Asset Management LLC now owns 276 shares of the company’s stock valued at $35,000 after purchasing an additional 172 shares during the period. Finally, Sound Income Strategies LLC increased its holdings in shares of Vanguard Energy ETF by 263.4% in the second quarter. Sound Income Strategies LLC now owns 298 shares of the company’s stock valued at $35,000 after purchasing an additional 216 shares during the period.

Vanguard Energy ETF Trading Up 1.1%

NYSEARCA:VDE opened at $122.71 on Tuesday. The firm has a market cap of $7.05 billion, a P/E ratio of 14.10 and a beta of 1.39. The stock’s 50 day simple moving average is $124.17 and its 200-day simple moving average is $119.97. Vanguard Energy ETF has a 12-month low of $103.07 and a 12-month high of $137.41.

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).