Vanguard Energy ETF (NYSEARCA:VDE) Sets New 12-Month High – Here’s What Happened

Vanguard Energy ETF (NYSEARCA:VDE)’s stock price reached a new 52-week high during trading on Monday. The stock traded as high as $190.19 and last traded at $190.0820, with a volume of 426,331 shares. The stock had previously closed at $190.14.

Vanguard Energy ETF Stock Performance

The stock has a fifty day moving average of $179.67 and a 200 day moving average of $168.01. The company has a market capitalization of $11.40 billion, a P/E ratio of 14.10 and a beta of 0.50.

Institutional Trading of Vanguard Energy ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company grew its holdings in Vanguard Energy ETF by 4.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 517,455 shares of the company’s stock valued at $77,686,000 after buying an additional 20,089 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Vanguard Energy ETF by 17.6% in the first quarter. Royal Bank of Canada now owns 493,318 shares of the company’s stock worth $85,364,000 after buying an additional 73,950 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Vanguard Energy ETF by 14.5% in the first quarter. Cetera Investment Advisers now owns 300,782 shares of the company’s stock worth $52,047,000 after buying an additional 38,015 shares in the last quarter. Ameritas Advisory Services LLC lifted its holdings in shares of Vanguard Energy ETF by 43.5% in the second quarter. Ameritas Advisory Services LLC now owns 229,440 shares of the company’s stock worth $34,446,000 after buying an additional 69,496 shares in the last quarter. Finally, Greenwood Gearhart LLC boosted its position in shares of Vanguard Energy ETF by 3.5% during the first quarter. Greenwood Gearhart LLC now owns 181,711 shares of the company’s stock worth $31,443,000 after acquiring an additional 6,062 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.