Vanguard Energy ETF (NYSEARCA:VDE) Sets New 1-Year High – Time to Buy?

Vanguard Energy ETF (NYSEARCA:VDE) hit a new 52-week high on Tuesday . The company traded as high as $133.36 and last traded at $132.5340, with a volume of 176209 shares. The stock had previously closed at $130.48.

Vanguard Energy ETF Stock Performance

The stock has a market capitalization of $7.38 billion, a price-to-earnings ratio of 14.10 and a beta of 0.77. The company has a fifty day simple moving average of $127.02 and a two-hundred day simple moving average of $124.58.

Institutional Trading of Vanguard Energy ETF

Institutional investors have recently modified their holdings of the business. Creative Capital Management Investments LLC acquired a new position in Vanguard Energy ETF in the third quarter valued at approximately $25,000. Mather Group LLC. bought a new stake in Vanguard Energy ETF in the 3rd quarter worth about $33,000. Cloud Capital Management LLC purchased a new position in Vanguard Energy ETF in the third quarter worth $33,000. Sound Income Strategies LLC increased its holdings in Vanguard Energy ETF by 263.4% during the second quarter. Sound Income Strategies LLC now owns 298 shares of the company’s stock worth $35,000 after buying an additional 216 shares during the last quarter. Finally, Westside Investment Management Inc. lifted its stake in Vanguard Energy ETF by 106.3% in the second quarter. Westside Investment Management Inc. now owns 293 shares of the company’s stock valued at $35,000 after purchasing an additional 151 shares during the last quarter.

About Vanguard Energy ETF

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.