Paragon Financial Partners Inc. Sells 1,479 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Paragon Financial Partners Inc. cut its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 9.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,813 shares of the company’s stock after selling 1,479 shares during the period. Vanguard Energy ETF makes up 1.3% of Paragon Financial Partners Inc.’s portfolio, making the stock its 16th largest position. Paragon Financial Partners Inc.’s holdings in Vanguard Energy ETF were worth $1,676,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VDE. Transform Wealth LLC purchased a new position in shares of Vanguard Energy ETF in the fourth quarter valued at about $2,718,000. Royal Fund Management LLC increased its position in shares of Vanguard Energy ETF by 11.7% in the fourth quarter. Royal Fund Management LLC now owns 42,132 shares of the company’s stock valued at $5,159,000 after acquiring an additional 4,404 shares during the period. CMH Wealth Management LLC increased its position in shares of Vanguard Energy ETF by 2.1% in the fourth quarter. CMH Wealth Management LLC now owns 115,955 shares of the company’s stock valued at $14,067,000 after acquiring an additional 2,419 shares during the period. Cove Private Wealth LLC purchased a new position in shares of Vanguard Energy ETF in the fourth quarter valued at about $344,000. Finally, Financial Freedom LLC increased its position in shares of Vanguard Energy ETF by 1.3% in the fourth quarter. Financial Freedom LLC now owns 21,783 shares of the company’s stock valued at $2,642,000 after acquiring an additional 287 shares during the period.

Vanguard Energy ETF Trading Down 1.8 %

VDE stock opened at $129.56 on Thursday. The firm’s 50-day moving average price is $127.41 and its two-hundred day moving average price is $126.28. Vanguard Energy ETF has a 12-month low of $112.18 and a 12-month high of $137.92. The stock has a market capitalization of $8.65 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51.

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).