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

Shares of Vanguard Energy ETF (NYSEARCA:VDE) 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 traded. The stock had previously closed at $184.59.

Vanguard Energy ETF Trading Up 1.2%

The firm has a 50-day moving average of $176.97 and a 200 day moving average of $167.36. The company has a market cap of $11.26 billion, a P/E ratio of 14.10 and a beta of 0.50.

Hedge Funds Weigh In On Vanguard Energy ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Stegent Equity Advisors Inc. grew its position in shares of Vanguard Energy ETF by 1.2% during the 3rd 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 during the period. Value Investment Professionals LLC bought a new stake in shares of Vanguard Energy ETF in the 3rd quarter valued at $224,000. Wedmont Private Capital increased its stake in shares of Vanguard Energy ETF by 9.9% in 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 stake in shares of Vanguard Energy ETF in the 3rd quarter valued at $202,000. Finally, Go Invest LLC acquired a new position in shares of 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.