Allen Wealth Management LLC Increases Stake in Vanguard Energy ETF (NYSEARCA:VDE)

Allen Wealth Management LLC increased its position in Vanguard Energy ETF (NYSEARCA:VDE) by 1.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,747 shares of the company’s stock after buying an additional 871 shares during the quarter. Vanguard Energy ETF accounts for 7.8% of Allen Wealth Management LLC’s portfolio, making the stock its 4th largest position. Allen Wealth Management LLC’s holdings in Vanguard Energy ETF were worth $10,887,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Rakuten Securities Inc. raised its stake in shares of Vanguard Energy ETF by 113.0% during the fourth quarter. Rakuten Securities Inc. now owns 230 shares of the company’s stock worth $28,000 after acquiring an additional 122 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of Vanguard Energy ETF during the 4th quarter valued at $48,000. Centricity Wealth Management LLC purchased a new position in Vanguard Energy ETF in the 4th quarter worth $54,000. LRI Investments LLC bought a new stake in Vanguard Energy ETF in the third quarter worth $58,000. Finally, Global Financial Private Client LLC boosted its position in Vanguard Energy ETF by 45.4% during the fourth 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 Trading Up 0.2 %

Shares of NYSEARCA:VDE opened at $130.56 on Thursday. The stock has a market capitalization of $12.13 billion, a P/E ratio of 15.41 and a beta of 0.94. The stock’s 50-day moving average price is $126.11 and its 200-day moving average price is $126.55. Vanguard Energy ETF has a 12-month low of $115.51 and a 12-month high of $137.92.

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 given 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 was Tuesday, March 25th.

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).