Elm Partners Management LLC Takes $363,000 Position in Vanguard Energy ETF (NYSEARCA:VDE)

Elm Partners Management LLC acquired a new position in Vanguard Energy ETF (NYSEARCA:VDE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,996 shares of the company’s stock, valued at approximately $363,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. lifted its position in shares of Vanguard Energy ETF by 31.4% in the fourth quarter. Assetmark Inc. now owns 6,373 shares of the company’s stock worth $773,000 after buying an additional 1,524 shares during the last quarter. Blue Trust Inc. lifted its holdings in Vanguard Energy ETF by 24.9% in the 4th quarter. Blue Trust Inc. now owns 1,918 shares of the company’s stock worth $233,000 after purchasing an additional 382 shares during the last quarter. Zuckerman Investment Group LLC boosted its position in Vanguard Energy ETF by 1.9% during the fourth quarter. Zuckerman Investment Group LLC now owns 122,547 shares of the company’s stock worth $15,207,000 after purchasing an additional 2,279 shares during the period. Center for Financial Planning Inc. raised its position in shares of 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 purchasing an additional 387 shares during the period. Finally, Summit Financial LLC raised its position in shares of Vanguard Energy ETF by 3.1% in the fourth quarter. Summit Financial LLC now owns 3,910 shares of the company’s stock valued at $474,000 after purchasing an additional 118 shares during the period.

Vanguard Energy ETF Trading Up 2.7 %

NYSEARCA VDE opened at $109.54 on Friday. The company has a market cap of $10.17 billion, a P/E ratio of 15.41 and a beta of 0.94. Vanguard Energy ETF has a 1 year low of $103.07 and a 1 year high of $137.92. The company has a fifty day simple moving average of $123.21 and a 200 day simple moving average of $125.72.

Vanguard Energy ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a $0.9487 dividend. This is an increase from Vanguard Energy ETF’s previous dividend of $0.95. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard Energy ETF 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).