Why does one of my turned off VM constantly 'reload managed entity' every 10 seconds?

I am using ESX 6.0 and vCenter 6.0 and when I use vSphere to connect to the ESX.

For my VM TESTENV08-CLI64 which is version 11, I noticed that when it's powered off or on, vSphere will say the following in its Recent Tasks:

Download VM configuration,Completed,vpxuser,12/1/2015 2:02:19 PM,12/1/2015 2:02:19 PM,12/1/2015 2:02:19 PM

Reload managed entity,TESTENV08-CLI64,Completed,vpxuser,12/1/2015 2:02:19 PM,12/1/2015 2:02:19 PM,12/1/2015 2:02:19 PM

Download VM configuration,Completed,vpxuser,12/1/2015 2:02:09 PM,12/1/2015 2:02:09 PM,12/1/2015 2:02:09 PM

Reload managed entity,TESTENV08-CLI64,Completed,vpxuser,12/1/2015 2:02:09 PM,12/1/2015 2:02:09 PM,12/1/2015 2:02:09 PM

Download VM configuration,Completed,vpxuser,12/1/2015 2:01:59 PM,12/1/2015 2:01:59 PM,12/1/2015 2:01:59 PM

Reload managed entity,TESTENV08-CLI64,Completed,vpxuser,12/1/2015 2:01:59 PM,12/1/2015 2:01:59 PM,12/1/2015 2:01:59 PM

Is there something wrong with the virtual machine?

Thanks,