Vanguard Energy ETF (NYSEARCA:VDE) Hits New 12-Month High – Here’s Why

Vanguard Energy ETF (NYSEARCA:VDE) shares reached a new 52-week high on Tuesday. The company 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 0.2%

The company’s 50-day simple moving average is $177.96 and its 200-day simple moving average is $167.57. The stock has a market capitalization of $11.35 billion, a price-to-earnings ratio of 14.10 and a beta of 0.50.

Institutional Trading of Vanguard Energy ETF

Institutional investors have recently modified their holdings of the business. Mather Group LLC. bought a new position in shares of Vanguard Energy ETF in the 3rd quarter worth about $187,000. Krilogy Financial LLC lifted its stake in shares of Vanguard Energy ETF by 4.1% in the 3rd quarter. Krilogy Financial LLC now owns 5,549 shares of the company’s stock valued at $1,024,000 after purchasing an additional 218 shares during the period. Accel Wealth Management lifted its stake in shares of Vanguard Energy ETF by 0.9% in the 3rd quarter. Accel Wealth Management now owns 12,280 shares of the company’s stock valued at $2,114,000 after purchasing an additional 105 shares during the period. Steel Grove Capital Advisors LLC boosted its position in shares of Vanguard Energy ETF by 3.9% during the 3rd quarter. Steel Grove Capital Advisors LLC now owns 2,467 shares of the company’s stock valued at $425,000 after purchasing an additional 92 shares in the last quarter. Finally, Compass Financial Group INC SD boosted its position in shares of Vanguard Energy ETF by 12.0% during the 3rd quarter. Compass Financial Group INC SD now owns 2,879 shares of the company’s stock valued at $496,000 after purchasing an additional 308 shares in the last quarter.

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.