Spearhead Capital Advisors LLC bought a new stake in shares of Vanguard Energy ETF (NYSEARCA:VDE) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,157 shares of the company’s stock, valued at approximately $282,000.

A number of other hedge funds have also recently modified their holdings of VDE. Beacon Capital Management Inc. grew its stake in Vanguard Energy ETF by 6,679.4% in the first quarter. Beacon Capital Management Inc. now owns 1,408,080 shares of the company’s stock worth $125,854,000 after purchasing an additional 1,387,310 shares during the period. Bank of America Corp DE grew its stake in Vanguard Energy ETF by 45.2% in the fourth quarter. Bank of America Corp DE now owns 1,223,470 shares of the company’s stock worth $94,342,000 after purchasing an additional 381,131 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in Vanguard Energy ETF by 538.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 225,500 shares of the company’s stock worth $17,388,000 after purchasing an additional 190,191 shares during the period. Summit Financial LLC purchased a new stake in Vanguard Energy ETF in the fourth quarter worth $10,853,000. Finally, Freestone Capital Holdings LLC purchased a new stake in Vanguard Energy ETF in the fourth quarter worth $8,017,000.

VDE stock traded up $0.02 during midday trading on Tuesday, hitting $92.86. The stock had a trading volume of 6,950 shares, compared to its average volume of 332,199. Vanguard Energy ETF has a 52-week low of $71.70 and a 52-week high of $109.79.

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were paid a $0.6673 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $2.67 annualized dividend and a yield of 2.87%.

TRADEMARK VIOLATION NOTICE: “Spearhead Capital Advisors LLC Invests $282,000 in Vanguard Energy ETF (VDE)” was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this story on another site, it was copied illegally and reposted in violation of international copyright and trademark laws. The correct version of this story can be viewed at https://www.watchlistnews.com/spearhead-capital-advisors-llc-invests-282000-in-vanguard-energy-etf-vde/2982491.html.

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).

Recommended Story: What is a trade deficit?

Want to see what other hedge funds are holding VDE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Energy ETF (NYSEARCA:VDE).

Institutional Ownership by Quarter for Vanguard Energy ETF (NYSEARCA:VDE)

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.