Modern Wealth Management LLC Trims Stake in Vanguard Energy ETF (NYSEARCA:VDE)

Modern Wealth Management LLC cut its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 6.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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 filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. FMR LLC raised its position in Vanguard Energy ETF by 8.3% in the third quarter. FMR LLC now owns 12,450 shares of the company’s stock valued at $1,525,000 after purchasing an additional 951 shares during the period. Glenmede Trust Co. NA raised its holdings in shares of Vanguard Energy ETF by 6.6% in the 3rd quarter. Glenmede Trust Co. NA now owns 6,868 shares of the company’s stock valued at $841,000 after buying an additional 426 shares during the period. CreativeOne Wealth LLC raised its holdings in shares of Vanguard Energy ETF by 18.3% in the 3rd quarter. CreativeOne Wealth LLC now owns 3,187 shares of the company’s stock valued at $390,000 after buying an additional 493 shares during the period. Rockefeller Capital Management L.P. lifted its stake in Vanguard Energy ETF by 11.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 125,984 shares of the company’s stock worth $15,429,000 after acquiring an additional 13,342 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in Vanguard Energy ETF by 0.5% during the 3rd quarter. Captrust Financial Advisors now owns 85,773 shares of the company’s stock valued at $10,505,000 after acquiring an additional 392 shares during the period.

Vanguard Energy ETF Price Performance

Shares of NYSEARCA:VDE opened at $128.40 on Friday. The firm has a market capitalization of $11.92 billion, a PE ratio of 13.74 and a beta of 1.22. Vanguard Energy ETF has a 1 year low of $115.51 and a 1 year high of $137.92. The firm’s 50-day moving average is $126.18 and its two-hundred day moving average is $126.25.

Vanguard Energy ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.9487 per share. 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.

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).