Vanguard Energy ETF (NYSEARCA:VDE) Reaches New 52-Week High – Still a Buy?

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

Vanguard Energy ETF Price Performance

The company has a fifty day moving average price of $127.02 and a 200 day moving average price of $124.58. The company has a market cap of $7.38 billion, a PE ratio of 14.10 and a beta of 0.77.

Institutional Investors Weigh In On Vanguard Energy ETF

Large investors have recently made changes to their positions in the business. Creative Capital Management Investments LLC bought a new position in shares of Vanguard Energy ETF in the 3rd quarter worth approximately $25,000. Mather Group LLC. bought a new position in Vanguard Energy ETF in the 3rd quarter valued at approximately $33,000. Cloud Capital Management LLC purchased a new stake in shares of Vanguard Energy ETF during the 3rd quarter valued at about $33,000. Sound Income Strategies LLC raised its stake in Vanguard Energy ETF by 263.4% during the 2nd quarter. Sound Income Strategies LLC now owns 298 shares of the company’s stock valued at $35,000 after buying an additional 216 shares during the last quarter. Finally, Westside Investment Management Inc. lifted its holdings 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 acquiring an additional 151 shares during the period.

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.