Vanguard Energy ETF (NYSEARCA:VDE) Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC reduced its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 6.0% during the fourth quarter, HoldingsChannel reports. The firm owned 2,041 shares of the company’s stock after selling 131 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard Energy ETF were worth $260,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. increased its holdings in Vanguard Energy ETF by 31.4% during the 4th quarter. Assetmark Inc. now owns 6,373 shares of the company’s stock worth $773,000 after purchasing an additional 1,524 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Vanguard Energy ETF by 24.9% in the fourth quarter. Blue Trust Inc. now owns 1,918 shares of the company’s stock worth $233,000 after buying an additional 382 shares during the last quarter. Center for Financial Planning Inc. raised its holdings in Vanguard Energy ETF by 7.6% in the fourth quarter. Center for Financial Planning Inc. now owns 5,494 shares of the company’s stock valued at $666,000 after acquiring an additional 387 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Vanguard Energy ETF in the fourth quarter valued at $8,447,000. Finally, Fifth Third Wealth Advisors LLC bought a new position in Vanguard Energy ETF during the 4th quarter valued at $374,000.

Vanguard Energy ETF Stock Performance

VDE opened at $128.40 on Friday. The company has a market capitalization of $11.92 billion, a P/E ratio of 13.74 and a beta of 1.22. The company has a 50-day moving average of $126.18 and a 200-day moving average of $126.25. Vanguard Energy ETF has a 1-year low of $115.51 and a 1-year high of $137.92.

Vanguard Energy ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.9487 dividend. This is a positive change from Vanguard Energy ETF’s previous dividend of $0.95. The ex-dividend date was Tuesday, March 25th.

Vanguard Energy ETF Company Profile

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).