Vanguard Energy ETF (NYSEARCA:VDE) Reaches New 1-Year High – Still a Buy?

Vanguard Energy ETF (NYSEARCA:VDE)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $172.90 and last traded at $172.67, with a volume of 225637 shares. The stock had previously closed at $169.43.

Vanguard Energy ETF Stock Performance

The firm has a fifty day simple moving average of $152.80 and a 200 day simple moving average of $135.47. The company has a market capitalization of $9.56 billion, a PE ratio of 14.10 and a beta of 0.77.

Hedge Funds Weigh In On Vanguard Energy ETF

Several institutional investors have recently made changes to their positions in VDE. John A. Wolfe & Associates Inc. bought a new stake in shares of Vanguard Energy ETF in the fourth quarter valued at about $626,000. World Investment Advisors grew its holdings in Vanguard Energy ETF by 21.9% during the 4th quarter. World Investment Advisors now owns 17,321 shares of the company’s stock worth $2,181,000 after acquiring an additional 3,107 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Vanguard Energy ETF by 424.0% during the 4th quarter. Corient Private Wealth LLC now owns 148,182 shares of the company’s stock worth $18,660,000 after acquiring an additional 119,905 shares in the last quarter. Union Savings Bank purchased a new position in Vanguard Energy ETF during the 4th quarter valued at about $533,000. Finally, Bayban purchased a new position in Vanguard Energy ETF during the 4th quarter valued at about $119,000.

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.