Vanguard Energy ETF (NYSEARCA:VDE) Hits New 52-Week High – Here’s What Happened

Vanguard Energy ETF (NYSEARCA:VDE)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $182.80 and last traded at $181.7290, with a volume of 43906 shares traded. The stock had previously closed at $180.17.

Vanguard Energy ETF Price Performance

The firm’s 50 day moving average price is $164.65 and its two-hundred day moving average price is $163.12. The stock has a market cap of $10.89 billion, a PE ratio of 14.10 and a beta of 0.43.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its position in shares of Vanguard Energy ETF by 23,247.2% in the second quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock valued at $42,106,000 after acquiring an additional 351,963 shares during the period. Shelter Mutual Insurance Co bought a new stake in Vanguard Energy ETF during the 2nd quarter worth approximately $26,914,000. Ameritas Advisory Services LLC lifted its stake in Vanguard Energy ETF by 5,416.8% in the 4th quarter. Ameritas Advisory Services LLC now owns 195,956 shares of the company’s stock worth $24,675,000 after purchasing an additional 192,404 shares in the last quarter. Corient Private Wealth LLC lifted its stake in Vanguard Energy ETF by 90.8% in the 2nd quarter. Corient Private Wealth LLC now owns 307,070 shares of the company’s stock worth $36,578,000 after purchasing an additional 146,147 shares in the last quarter. Finally, TrueWealth Financial Partners bought a new position in Vanguard Energy ETF in the 1st quarter valued at $14,706,000.

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.