Vanguard Energy ETF (NYSEARCA:VDE) Hits New 52-Week High – Time to Buy?

Vanguard Energy ETF (NYSEARCA:VDE) shares reached a new 52-week high on Tuesday . The stock traded as high as $172.90 and last traded at $172.67, with a volume of 225637 shares traded. The stock had previously closed at $169.43.

Vanguard Energy ETF Stock Performance

The firm has a market cap of $9.62 billion, a P/E ratio of 14.10 and a beta of 0.77. The stock’s 50-day moving average is $151.28 and its 200 day moving average is $134.87.

Institutional Investors Weigh In On Vanguard Energy ETF

Several large investors have recently modified their holdings of VDE. Kovack Advisors Inc. grew its position in shares of Vanguard Energy ETF by 2.7% in the 4th quarter. Kovack Advisors Inc. now owns 2,733 shares of the company’s stock valued at $339,000 after purchasing an additional 71 shares during the period. Asset Management Group Inc. raised its holdings in Vanguard Energy ETF by 0.8% during the 4th quarter. Asset Management Group Inc. now owns 9,827 shares of the company’s stock worth $1,237,000 after buying an additional 75 shares during the period. Syon Capital LLC lifted its stake in Vanguard Energy ETF by 0.5% in the fourth quarter. Syon Capital LLC now owns 16,365 shares of the company’s stock valued at $2,061,000 after buying an additional 78 shares in the last quarter. CGN Advisors LLC lifted its stake in Vanguard Energy ETF by 1.3% in the fourth quarter. CGN Advisors LLC now owns 6,193 shares of the company’s stock valued at $780,000 after buying an additional 80 shares in the last quarter. Finally, Meridian Wealth Management LLC boosted its holdings in shares of Vanguard Energy ETF by 0.8% in the fourth quarter. Meridian Wealth Management LLC now owns 10,188 shares of the company’s stock valued at $1,283,000 after buying an additional 80 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.