Smith Moore & CO. Trims Stake in Vanguard Energy ETF (NYSEARCA:VDE)

Smith Moore & CO. lessened its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 14.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,250 shares of the company’s stock after selling 557 shares during the period. Smith Moore & CO.’s holdings in Vanguard Energy ETF were worth $394,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Rakuten Securities Inc. raised its holdings in Vanguard Energy ETF by 113.0% in the 4th quarter. Rakuten Securities Inc. now owns 230 shares of the company’s stock worth $28,000 after purchasing an additional 122 shares during the period. Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Energy ETF in the fourth quarter valued at approximately $48,000. Centricity Wealth Management LLC purchased a new position in shares of Vanguard Energy ETF during the 4th quarter valued at approximately $54,000. LRI Investments LLC purchased a new position in shares of Vanguard Energy ETF during the 3rd quarter valued at approximately $58,000. Finally, Global Financial Private Client LLC grew its stake in 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 acquiring an additional 154 shares during the period.

Vanguard Energy ETF Stock Performance

Shares of NYSEARCA VDE opened at $109.38 on Friday. The firm has a market cap of $10.16 billion, a PE ratio of 15.41 and a beta of 0.94. Vanguard Energy ETF has a one year low of $108.94 and a one year high of $137.92. The firm has a fifty day moving average of $125.53 and a 200 day moving average of $126.46.

Vanguard Energy ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.9487 dividend. 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.

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).