LPL Financial LLC Has $74.18 Million Position in Vanguard Energy ETF (NYSEARCA:VDE)

LPL Financial LLC increased its holdings in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 10.9% during the 4th quarter, HoldingsChannel reports. The firm owned 611,511 shares of the company’s stock after purchasing an additional 60,260 shares during the period. LPL Financial LLC’s holdings in Vanguard Energy ETF were worth $74,182,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VDE. Evanson Asset Management LLC lifted its stake in Vanguard Energy ETF by 0.7% in the fourth quarter. Evanson Asset Management LLC now owns 13,694 shares of the company’s stock valued at $1,661,000 after buying an additional 91 shares in the last quarter. Madison Wealth Partners Inc raised its holdings in shares of Vanguard Energy ETF by 1.7% during the fourth quarter. Madison Wealth Partners Inc now owns 5,567 shares of the company’s stock worth $675,000 after acquiring an additional 94 shares during the period. Harbour Investments Inc. lifted its position in Vanguard Energy ETF by 3.2% in the 4th quarter. Harbour Investments Inc. now owns 3,044 shares of the company’s stock valued at $369,000 after acquiring an additional 95 shares in the last quarter. Global Wealth Management LLC boosted its stake in Vanguard Energy ETF by 1.6% in the 4th quarter. Global Wealth Management LLC now owns 5,939 shares of the company’s stock worth $720,000 after purchasing an additional 96 shares during the period. Finally, Patriot Investment Management Group Inc. increased its holdings in Vanguard Energy ETF by 0.9% during the 4th quarter. Patriot Investment Management Group Inc. now owns 10,505 shares of the company’s stock worth $1,274,000 after purchasing an additional 97 shares in the last quarter.

Vanguard Energy ETF Price Performance

Shares of Vanguard Energy ETF stock opened at $130.25 on Thursday. The firm has a market cap of $12.10 billion, a price-to-earnings ratio of 13.74 and a beta of 1.22. The stock’s 50-day moving average is $126.33 and its 200-day moving average is $126.17. Vanguard Energy ETF has a one year low of $115.51 and a one year high of $137.92.

Vanguard Energy ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be paid a dividend of $0.9487 per share. This is a boost from Vanguard Energy ETF’s previous dividend of $0.95. The ex-dividend date of this dividend is 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).