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

Vanguard Energy ETF (NYSEARCA:VDE)’s stock price hit a new 52-week high on Monday . The stock traded as high as $178.99 and last traded at $178.99, with a volume of 6064 shares changing hands. The stock had previously closed at $176.95.

Vanguard Energy ETF Trading Up 0.4%

The stock has a fifty day simple moving average of $154.44 and a 200-day simple moving average of $136.28. The stock has a market cap of $9.90 billion, a price-to-earnings ratio of 14.10 and a beta of 0.77.

Institutional Investors Weigh In On Vanguard Energy ETF

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