Vanguard Energy ETF (NYSEARCA:VDE) Reaches New 12-Month High – Time to Buy?

Shares of Vanguard Energy ETF (NYSEARCA:VDE) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $178.99 and last traded at $178.99, with a volume of 6064 shares. The stock had previously closed at $176.95.

Vanguard Energy ETF Trading Down 1.1%

The stock has a market capitalization of $9.65 billion, a PE ratio of 14.10 and a beta of 0.77. The business has a fifty day moving average price of $156.03 and a 200-day moving average price of $136.97.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. John A. Wolfe & Associates Inc. purchased a new stake in shares of Vanguard Energy ETF in the 4th quarter valued at $626,000. World Investment Advisors raised its position in Vanguard Energy ETF by 21.9% in the 4th quarter. World Investment Advisors now owns 17,321 shares of the company’s stock worth $2,181,000 after purchasing an additional 3,107 shares during the period. Corient Private Wealth LLC lifted its stake in Vanguard Energy ETF by 424.0% in the fourth quarter. Corient Private Wealth LLC now owns 148,182 shares of the company’s stock worth $18,660,000 after purchasing an additional 119,905 shares during the last quarter. Union Savings Bank bought a new stake in Vanguard Energy ETF in the fourth quarter worth $533,000. Finally, Bayban purchased a new stake in Vanguard Energy ETF during the fourth quarter valued at about $119,000.

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.