CIBC Private Wealth Group LLC Has $885,000 Stock Holdings in Vanguard Energy ETF (NYSEARCA:VDE)

CIBC Private Wealth Group LLC increased its stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 399.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,109 shares of the company’s stock after buying an additional 5,685 shares during the period. CIBC Private Wealth Group LLC’s holdings in Vanguard Energy ETF were worth $885,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. raised its stake in shares of 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 acquiring an additional 122 shares during the last quarter. Golden State Wealth Management LLC bought a new position in Vanguard Energy ETF in the 4th quarter worth approximately $48,000. Centricity Wealth Management LLC acquired a new position in Vanguard Energy ETF during the 4th quarter worth $54,000. LRI Investments LLC acquired a new stake in shares of Vanguard Energy ETF in the 3rd quarter valued at $58,000. Finally, Global Financial Private Client LLC increased its stake in shares of Vanguard Energy ETF by 45.4% in the 4th quarter. Global Financial Private Client LLC now owns 493 shares of the company’s stock valued at $60,000 after buying an additional 154 shares during the period.

Vanguard Energy ETF Stock Down 9.1 %

Shares of VDE opened at $109.38 on Friday. The stock’s fifty day simple moving average is $125.53 and its 200-day simple moving average is $126.43. The firm has a market capitalization of $10.16 billion, a PE ratio of 15.41 and a beta of 0.94. Vanguard Energy ETF has a 12-month low of $108.94 and a 12-month high of $137.92.

Vanguard Energy ETF Increases Dividend

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

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).