Vanguard Energy ETF (NYSEARCA:VDE) Reaches New 12-Month High – Here’s What Happened

Vanguard Energy ETF (NYSEARCA:VDE)’s share price hit a new 52-week high on Monday. The company traded as high as $194.03 and last traded at $192.4470, with a volume of 541,095 shares. The stock had previously closed at $192.98.

Vanguard Energy ETF Trading Down 2.0%

The company’s fifty day moving average is $181.25 and its 200-day moving average is $164.36. The firm has a market capitalization of $11.48 billion, a P/E ratio of 14.10 and a beta of 0.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VDE. Matrix Private Capital Group LLC bought a new stake in Vanguard Energy ETF during the first quarter valued at about $33,000. Signaturefd LLC acquired a new stake in shares of Vanguard Energy ETF in the third quarter valued at about $41,000. Coastline Trust Co bought a new position in shares of Vanguard Energy ETF in the third quarter worth about $43,000. NORTHSTAR ASSET MANAGEMENT Co bought a new position in shares of Vanguard Energy ETF in the third quarter worth about $57,000. Finally, Community Financial Services Group LLC bought a new position in shares of Vanguard Energy ETF in the second quarter worth about $60,000.

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.