Beacon Capital Management Inc. boosted its position in Vanguard Energy ETF (NYSEARCA:VDE) by 1.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,758,658 shares of the company’s stock after purchasing an additional 21,071 shares during the period. Vanguard Energy ETF comprises 7.6% of Beacon Capital Management Inc.’s investment portfolio, making the stock its 8th biggest position. Beacon Capital Management Inc.’s holdings in Vanguard Energy ETF were worth $184,853,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VDE. Acropolis Investment Management LLC purchased a new position in Vanguard Energy ETF in the 2nd quarter valued at approximately $105,000. Well Done LLC increased its stake in Vanguard Energy ETF by 1.1% in the 2nd quarter. Well Done LLC now owns 50,123 shares of the company’s stock valued at $107,000 after purchasing an additional 548 shares in the last quarter. Blair William & Co. IL purchased a new position in Vanguard Energy ETF in the 1st quarter valued at approximately $119,000. IndexIQ Advisors LLC purchased a new position in Vanguard Energy ETF in the 2nd quarter valued at approximately $149,000. Finally, Livingston Group Asset Management CO operating as Southport Capital Management purchased a new position in Vanguard Energy ETF in the 3rd quarter valued at approximately $200,000.
NYSEARCA VDE traded up $0.78 during mid-day trading on Tuesday, hitting $101.24. The stock had a trading volume of 2,807 shares, compared to its average volume of 274,638. Vanguard Energy ETF has a 52-week low of $87.83 and a 52-week high of $109.79.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 27th. Investors of record on Tuesday, September 25th were paid a $0.6763 dividend. This is an increase from Vanguard Energy ETF’s previous quarterly dividend of $0.65. This represents a $2.71 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend was Monday, September 24th.
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).
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