Vanguard Energy ETF (NYSEARCA:VDE) Sets New 52-Week High – What’s Next?

Vanguard Energy ETF (NYSEARCA:VDE) reached a new 52-week high during trading on Wednesday . The company traded as high as $140.76 and last traded at $141.1010, with a volume of 1798 shares traded. The stock had previously closed at $140.15.

Vanguard Energy ETF Price Performance

The business has a 50 day simple moving average of $129.15 and a 200 day simple moving average of $125.68. The company has a market cap of $7.84 billion, a price-to-earnings ratio of 14.10 and a beta of 0.77.

Hedge Funds Weigh In On Vanguard Energy ETF

A number of institutional investors have recently modified their holdings of the stock. Creative Capital Management Investments LLC bought a new position in Vanguard Energy ETF in the 3rd quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in Vanguard Energy ETF by 330.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 215 shares of the company’s stock valued at $27,000 after purchasing an additional 165 shares during the period. Mather Group LLC. bought a new stake in shares of Vanguard Energy ETF during the 3rd quarter valued at $33,000. Cloud Capital Management LLC acquired a new stake in shares of Vanguard Energy ETF during the third quarter worth $33,000. Finally, Sound Income Strategies LLC increased its holdings in Vanguard Energy ETF by 263.4% in the second quarter. Sound Income Strategies LLC now owns 298 shares of the company’s stock valued at $35,000 after purchasing an additional 216 shares during the last quarter.

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.