Baird Financial Group Inc. lowered its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 19.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,245 shares of the company’s stock after selling 1,786 shares during the quarter. Baird Financial Group Inc.’s holdings in Vanguard Energy ETF were worth $669,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the stock. Bank of Montreal Can acquired a new stake in Vanguard Energy ETF during the 4th quarter worth approximately $185,000. Goldman Sachs Group Inc. raised its holdings in Vanguard Energy ETF by 12.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 35,603 shares of the company’s stock worth $3,522,000 after buying an additional 3,992 shares during the period. Two Sigma Investments LP acquired a new stake in Vanguard Energy ETF during the 4th quarter worth approximately $1,730,000. Wells Fargo & Company MN raised its holdings in Vanguard Energy ETF by 14.3% during the 4th quarter. Wells Fargo & Company MN now owns 217,500 shares of the company’s stock worth $21,522,000 after buying an additional 27,166 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in Vanguard Energy ETF by 33.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 63,002 shares of the company’s stock worth $6,234,000 after buying an additional 15,876 shares during the period.
Shares of VDE stock opened at $105.08 on Friday. Vanguard Energy ETF has a 52 week low of $83.80 and a 52 week high of $109.79.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 3rd. Stockholders of record on Friday, June 29th will be issued a $0.6458 dividend. The ex-dividend date of this dividend is Thursday, June 28th. This is an increase from Vanguard Energy ETF’s previous quarterly dividend of $0.59. This represents a $2.58 dividend on an annualized basis and a dividend yield of 2.46%.
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).
Receive News & Ratings for Vanguard Energy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Energy ETF and related companies with MarketBeat.com's FREE daily email newsletter.