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

Vanguard Energy ETF (NYSEARCA:VDE)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $185.38 and last traded at $184.16, with a volume of 70072 shares changing hands. The stock had previously closed at $182.24.

Vanguard Energy ETF Trading Up 0.7%

The stock has a market cap of $11.00 billion, a PE ratio of 14.10 and a beta of 0.44. The business has a 50-day moving average price of $168.25 and a 200-day moving average price of $164.35.

Institutional Investors Weigh In On Vanguard Energy ETF

Institutional investors have recently bought and sold shares of the company. Gerald Baker Financial Group LLC purchased a new stake in Vanguard Energy ETF in the first quarter valued at approximately $7,370,000. World Investment Advisors grew its position in shares of Vanguard Energy ETF by 21.9% during the fourth quarter. World Investment Advisors now owns 17,321 shares of the company’s stock worth $2,181,000 after acquiring an additional 3,107 shares during the last quarter. TMB Capital Partners LLC purchased a new position in shares of Vanguard Energy ETF during the fourth quarter worth approximately $627,000. Integrity Alliance LLC. acquired a new position in shares of Vanguard Energy ETF in the 4th quarter valued at $575,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Energy ETF by 5.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 276,999 shares of the company’s stock valued at $34,880,000 after acquiring an additional 14,856 shares during the period.

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.