Vanguard Energy ETF (NYSEARCA:VDE) Sets New 52-Week High – Here’s Why

Vanguard Energy ETF (NYSEARCA:VDE)’s stock price reached a new 52-week high on Monday. The company traded as high as $194.03 and last traded at $192.4470, with a volume of 541,095 shares changing hands. The stock had previously closed at $192.98.

Vanguard Energy ETF Stock Performance

The company has a 50 day simple moving average of $180.70 and a two-hundred day simple moving average of $168.47. The firm has a market cap of $11.74 billion, a PE ratio of 14.10 and a beta of 0.50.

Institutional Trading of Vanguard Energy ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Matrix Private Capital Group LLC acquired a new position in Vanguard Energy ETF in the first quarter valued at approximately $33,000. Signaturefd LLC purchased a new position in shares of Vanguard Energy ETF in the 3rd quarter valued at $41,000. Coastline Trust Co acquired a new stake in Vanguard Energy ETF during the 3rd quarter valued at $43,000. NORTHSTAR ASSET MANAGEMENT Co acquired a new position in Vanguard Energy ETF in the third quarter worth about $57,000. Finally, Community Financial Services Group LLC acquired a new position in Vanguard Energy ETF during the 2nd quarter valued at approximately $60,000.

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.