Vanguard Energy ETF (NYSEARCA:VDE) Reaches New 1-Year High – What’s Next?

Vanguard Energy ETF (NYSEARCA:VDE) shares reached a new 52-week high on Tuesday. The stock traded as high as $186.46 and last traded at $186.5030, with a volume of 37,612 shares changing hands. The stock had previously closed at $184.59.

Vanguard Energy ETF Price Performance

The firm’s fifty day moving average price is $176.97 and its two-hundred day moving average price is $167.36. The stock has a market cap of $11.26 billion, a price-to-earnings ratio of 14.10 and a beta of 0.50.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Stegent Equity Advisors Inc. grew its holdings in Vanguard Energy ETF by 1.2% during the third quarter. Stegent Equity Advisors Inc. now owns 21,999 shares of the company’s stock worth $3,787,000 after buying an additional 251 shares in the last quarter. Value Investment Professionals LLC purchased a new stake in Vanguard Energy ETF in the 3rd quarter valued at $224,000. Wedmont Private Capital lifted its stake in Vanguard Energy ETF by 9.9% during the 3rd quarter. Wedmont Private Capital now owns 5,102 shares of the company’s stock valued at $932,000 after acquiring an additional 459 shares in the last quarter. Hardin Capital Partners LLC bought a new position in Vanguard Energy ETF during the 3rd quarter valued at $202,000. Finally, Go Invest LLC bought a new position in Vanguard Energy ETF during the 3rd quarter valued at $3,537,000.

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). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.