Vanguard Energy ETF (NYSEARCA:VDE) Hits New 1-Year High – Should You Buy?

Vanguard Energy ETF (NYSEARCA:VDE)’s stock price hit a new 52-week high during trading on Monday. The company traded as high as $190.19 and last traded at $190.0820, with a volume of 426,331 shares changing hands. The stock had previously closed at $190.14.

Vanguard Energy ETF Trading Down 0.1%

The firm has a market capitalization of $11.45 billion, a P/E ratio of 14.10 and a beta of 0.50. The firm has a 50 day moving average price of $178.94 and a 200-day moving average price of $167.74.

Institutional Trading of Vanguard Energy ETF

A number of large investors have recently modified their holdings of VDE. SteelPeak Wealth LLC purchased a new position in shares of Vanguard Energy ETF during the third quarter valued at $483,000. Founders Grove Wealth Partners LLC raised its holdings in shares of Vanguard Energy ETF by 1.5% in the third quarter. Founders Grove Wealth Partners LLC now owns 18,409 shares of the company’s stock valued at $3,169,000 after acquiring an additional 268 shares in the last quarter. Encompass More Asset Management purchased a new stake in Vanguard Energy ETF in the third quarter worth about $221,000. McKinley Carter Wealth Services Inc. purchased a new stake in Vanguard Energy ETF in the third quarter worth about $308,000. Finally, Surience Private Wealth LLC purchased a new stake in Vanguard Energy ETF in the third quarter worth about $1,486,000.

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.