Orion Portfolio Solutions LLC Sells 1,249 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Orion Portfolio Solutions LLC trimmed its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 4.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,927 shares of the company’s stock after selling 1,249 shares during the period. Orion Portfolio Solutions LLC’s holdings in Vanguard Energy ETF were worth $3,267,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Rakuten Securities Inc. boosted its position in Vanguard Energy ETF by 113.0% in the fourth quarter. Rakuten Securities Inc. now owns 230 shares of the company’s stock worth $28,000 after purchasing an additional 122 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in shares of Vanguard Energy ETF in the fourth quarter worth approximately $48,000. Centricity Wealth Management LLC bought a new stake in Vanguard Energy ETF during the fourth quarter valued at approximately $54,000. LRI Investments LLC bought a new position in Vanguard Energy ETF in the third quarter worth approximately $58,000. Finally, Global Financial Private Client LLC boosted its stake in shares of Vanguard Energy ETF by 45.4% during the 4th quarter. Global Financial Private Client LLC now owns 493 shares of the company’s stock worth $60,000 after acquiring an additional 154 shares during the last quarter.

Vanguard Energy ETF Price Performance

Shares of VDE stock opened at $129.71 on Tuesday. The company has a market cap of $12.05 billion, a price-to-earnings 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 has a fifty day moving average price of $126.12 and a 200-day moving average price of $126.45.

Vanguard Energy ETF Increases Dividend

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

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).