Vanguard Energy ETF (NYSEARCA:VDE) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Vanguard Energy ETF (NYSEARCA:VDE) saw strong trading volume on Thursday . 314,880 shares changed hands during trading, a decline of 27% from the previous session’s volume of 428,434 shares.The stock last traded at $127.00 and had previously closed at $127.52.

Vanguard Energy ETF Stock Performance

The firm has a market capitalization of $8.39 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. The firm’s 50-day moving average price is $129.24 and its two-hundred day moving average price is $126.86.

Institutional Investors Weigh In On Vanguard Energy ETF

Institutional investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company lifted its position in shares of Vanguard Energy ETF by 3.0% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 851,122 shares of the company’s stock worth $104,237,000 after buying an additional 24,476 shares during the period. Main Management ETF Advisors LLC lifted its holdings in shares of Vanguard Energy ETF by 2.6% during the second quarter. Main Management ETF Advisors LLC now owns 720,510 shares of the company’s stock valued at $91,915,000 after acquiring an additional 18,105 shares during the period. LPL Financial LLC grew its holdings in shares of Vanguard Energy ETF by 9.8% in the 2nd quarter. LPL Financial LLC now owns 541,783 shares of the company’s stock worth $69,115,000 after purchasing an additional 48,418 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard Energy ETF by 3.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 535,209 shares of the company’s stock worth $68,276,000 after purchasing an additional 20,125 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its holdings in Vanguard Energy ETF by 13,105.7% during the 2nd quarter. Strategic Financial Concepts LLC now owns 228,194 shares of the company’s stock valued at $29,111,000 after purchasing an additional 226,466 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).