Vanguard Energy ETF (NYSEARCA:VDE) Sets New 1-Year High – Here’s Why

Vanguard Energy ETF (NYSEARCA:VDE)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $158.03 and last traded at $157.4940, with a volume of 676243 shares changing hands. The stock had previously closed at $155.20.

Vanguard Energy ETF Trading Up 1.5%

The stock has a market capitalization of $8.78 billion, a price-to-earnings ratio of 14.10 and a beta of 0.77. The firm has a 50-day moving average of $139.36 and a 200 day moving average of $130.06.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Creative Capital Management Investments LLC bought a new stake in Vanguard Energy ETF in the third quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Vanguard Energy ETF by 330.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 215 shares of the company’s stock worth $27,000 after acquiring an additional 165 shares in the last quarter. SouthState Bank Corp bought a new stake in shares of Vanguard Energy ETF in the 4th quarter valued at approximately $27,000. Strive Financial Group LLC bought a new stake in shares of Vanguard Energy ETF in the 4th quarter valued at approximately $31,000. Finally, Mather Group LLC. acquired a new stake in shares of Vanguard Energy ETF during the 3rd quarter valued at approximately $33,000.

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.