Vanguard Energy ETF (NYSEARCA:VDE) Reaches New 12-Month High – Here’s What Happened

Vanguard Energy ETF (NYSEARCA:VDE)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $163.93 and last traded at $163.74, with a volume of 659088 shares changing hands. The stock had previously closed at $160.91.

Vanguard Energy ETF Trading Up 1.4%

The company has a market cap of $9.10 billion, a P/E ratio of 14.10 and a beta of 0.77. The stock’s 50 day moving average is $145.50 and its 200-day moving average is $132.58.

Institutional Investors Weigh In On Vanguard Energy ETF

Institutional investors have recently made changes to their positions in the company. HB Wealth Management LLC raised its stake in shares of Vanguard Energy ETF by 117.7% in the third quarter. HB Wealth Management LLC now owns 12,951 shares of the company’s stock worth $1,630,000 after purchasing an additional 7,002 shares during the last quarter. Hershey Financial Advisers LLC bought a new stake in Vanguard Energy ETF in the 2nd quarter worth about $1,181,000. Farther Finance Advisors LLC raised its position in Vanguard Energy ETF by 408.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 29,247 shares of the company’s stock worth $3,681,000 after buying an additional 23,490 shares during the last quarter. SCS Capital Management LLC raised its position in Vanguard Energy ETF by 2.7% in the 2nd quarter. SCS Capital Management LLC now owns 344,174 shares of the company’s stock worth $40,998,000 after buying an additional 9,149 shares during the last quarter. Finally, Nordwand Advisors LLC bought a new position in Vanguard Energy ETF during the 2nd quarter valued at about $630,000.

Vanguard Energy ETF Company 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). 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.