Envestnet Asset Management Inc. Sells 29,137 Shares of Vanguard Energy ETF (NYSEARCA:VDE)

Envestnet Asset Management Inc. cut its stake in Vanguard Energy ETF (NYSEARCA:VDE) by 5.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 479,695 shares of the company’s stock after selling 29,137 shares during the quarter. Envestnet Asset Management Inc. owned 0.72% of Vanguard Energy ETF worth $58,192,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of VDE. Wealthfront Advisers LLC raised its stake in shares of Vanguard Energy ETF by 444.6% in the fourth quarter. Wealthfront Advisers LLC now owns 5,406,700 shares of the company’s stock valued at $655,887,000 after buying an additional 4,413,992 shares during the period. Wells Fargo & Company MN grew its position in Vanguard Energy ETF by 19.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,180,874 shares of the company’s stock worth $143,252,000 after buying an additional 194,585 shares in the last quarter. LPL Financial LLC grew its position in Vanguard Energy ETF by 10.9% during the fourth quarter. LPL Financial LLC now owns 611,511 shares of the company’s stock worth $74,182,000 after buying an additional 60,260 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Energy ETF during the fourth quarter worth about $31,935,000. Finally, HighTower Advisors LLC grew its position in Vanguard Energy ETF by 4.3% during the fourth quarter. HighTower Advisors LLC now owns 205,185 shares of the company’s stock worth $24,891,000 after buying an additional 8,370 shares in the last quarter.

Vanguard Energy ETF Trading Up 7.9 %

VDE opened at $114.20 on Thursday. The stock has a 50-day moving average price of $123.90 and a 200-day moving average price of $125.94. Vanguard Energy ETF has a 12-month low of $103.07 and a 12-month high of $137.92. The stock has a market capitalization of $10.61 billion, a P/E ratio of 15.41 and a beta of 0.94.

Vanguard Energy ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders 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.

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).