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

Shares of Vanguard Energy ETF (NYSEARCA:VDE) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $134.00 and last traded at $130.92, with a volume of 13850 shares. The stock had previously closed at $128.66.

Vanguard Energy ETF Trading Up 0.3%

The company has a 50-day moving average of $126.35 and a 200-day moving average of $124.24. The company has a market capitalization of $7.21 billion, a price-to-earnings ratio of 14.10 and a beta of 0.77.

Institutional Trading of Vanguard Energy ETF

A number of hedge funds have recently modified their holdings of the stock. Beacon Capital Management Inc. lifted its holdings in Vanguard Energy ETF by 1,631.3% in the second quarter. Beacon Capital Management Inc. now owns 754,276 shares of the company’s stock valued at $89,849,000 after acquiring an additional 710,708 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Vanguard Energy ETF by 23,247.2% in the second quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock valued at $42,106,000 after acquiring an additional 351,963 shares in the last quarter. Laurel Wealth Advisors LLC grew its holdings in shares of Vanguard Energy ETF by 11,812.0% during the second quarter. Laurel Wealth Advisors LLC now owns 250,152 shares of the company’s stock worth $29,798,000 after buying an additional 248,052 shares in the last quarter. Corient Private Wealth LLC lifted its stake in shares of Vanguard Energy ETF by 90.8% in the second quarter. Corient Private Wealth LLC now owns 307,070 shares of the company’s stock worth $36,578,000 after buying an additional 146,147 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new position in Vanguard Energy ETF during the third quarter worth about $15,862,000.

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.