JPMorgan Chase & Co. Trims Stock Holdings in Vanguard Energy ETF (NYSEARCA:VDE)

JPMorgan Chase & Co. lowered its position in shares of Vanguard Energy ETF (NYSEARCA:VDE) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 121,435 shares of the company’s stock after selling 2,046 shares during the quarter. JPMorgan Chase & Co.’s holdings in Vanguard Energy ETF were worth $14,731,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of VDE. Assetmark Inc. grew its stake in shares of Vanguard Energy ETF by 31.4% in the 4th quarter. Assetmark Inc. now owns 6,373 shares of the company’s stock worth $773,000 after buying an additional 1,524 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Vanguard Energy ETF by 24.9% in the fourth quarter. Blue Trust Inc. now owns 1,918 shares of the company’s stock worth $233,000 after acquiring an additional 382 shares during the last quarter. Center for Financial Planning Inc. increased its holdings in shares of Vanguard Energy ETF by 7.6% during the fourth quarter. Center for Financial Planning Inc. now owns 5,494 shares of the company’s stock valued at $666,000 after acquiring an additional 387 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Vanguard Energy ETF in the 4th quarter worth about $8,447,000. Finally, Fifth Third Wealth Advisors LLC bought a new position in Vanguard Energy ETF in the 4th quarter worth about $374,000.

Vanguard Energy ETF Stock Performance

Shares of VDE stock opened at $109.54 on Friday. The company has a market capitalization of $10.17 billion, a price-to-earnings ratio of 15.41 and a beta of 0.94. Vanguard Energy ETF has a one year low of $103.07 and a one year high of $137.92. The company’s 50-day moving average is $123.21 and its 200 day moving average is $125.72.

Vanguard Energy ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.9487 dividend. 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 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).