RiverFront Investment Group LLC Reduces Stock Position in Vanguard Energy ETF (NYSEARCA:VDE)

RiverFront Investment Group LLC trimmed its position in Vanguard Energy ETF (NYSEARCA:VDE) by 52.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,226 shares of the company’s stock after selling 3,590 shares during the period. RiverFront Investment Group LLC’s holdings in Vanguard Energy ETF were worth $391,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Assetmark Inc. boosted its position in Vanguard Energy ETF by 31.4% during the fourth quarter. Assetmark Inc. now owns 6,373 shares of the company’s stock worth $773,000 after acquiring an additional 1,524 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Vanguard Energy ETF by 24.9% during 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 period. Center for Financial Planning Inc. lifted its stake in shares of Vanguard Energy ETF by 7.6% during the 4th quarter. Center for Financial Planning Inc. now owns 5,494 shares of the company’s stock worth $666,000 after purchasing an additional 387 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of Vanguard Energy ETF in the fourth quarter valued at $8,447,000. Finally, Fifth Third Wealth Advisors LLC acquired a new position in Vanguard Energy ETF in the fourth quarter valued at $374,000.

Vanguard Energy ETF Trading Down 0.5 %

NYSEARCA VDE opened at $128.40 on Friday. The business’s 50-day moving average price is $126.18 and its 200 day moving average price is $126.31. Vanguard Energy ETF has a twelve month low of $115.51 and a twelve month high of $137.92. The company has a market capitalization of $11.92 billion, a PE ratio of 13.74 and a beta of 1.22.

Vanguard Energy ETF Increases Dividend

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

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).