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

Shares of Vanguard Energy ETF (NYSEARCA:VDE) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $138.40 and last traded at $137.56, with a volume of 166756 shares trading hands. The stock had previously closed at $134.20.

Vanguard Energy ETF Price Performance

The firm has a market cap of $7.67 billion, a price-to-earnings ratio of 14.10 and a beta of 0.77. The firm’s fifty day moving average is $128.06 and its two-hundred day moving average is $125.15.

Institutional Trading of Vanguard Energy ETF

Several large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in shares of Vanguard Energy ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 18,777 shares of the company’s stock valued at $2,278,000 after buying an additional 306 shares in the last quarter. AQR Capital Management LLC acquired a new stake in Vanguard Energy ETF during the 1st quarter worth about $281,000. Farther Finance Advisors LLC boosted its position in Vanguard Energy ETF by 40.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,757 shares of the company’s stock worth $686,000 after acquiring an additional 1,667 shares during the period. GAMMA Investing LLC grew its stake in Vanguard Energy ETF by 44.9% during the 2nd quarter. GAMMA Investing LLC now owns 342 shares of the company’s stock valued at $41,000 after acquiring an additional 106 shares in the last quarter. Finally, Armstrong Advisory Group Inc. increased its holdings in shares of Vanguard Energy ETF by 62.9% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,482 shares of the company’s stock valued at $177,000 after purchasing an additional 572 shares during the period.

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.