Vanguard Energy ETF (NYSEARCA:VDE) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Vanguard Energy ETF (NYSEARCA:VDE) saw unusually-strong trading volume on Thursday . Approximately 848,156 shares changed hands during trading, an increase of 96% from the previous session’s volume of 433,192 shares.The stock last traded at $117.34 and had previously closed at $117.74.

Vanguard Energy ETF Stock Down 0.7 %

The company has a market cap of $7.81 billion, a PE ratio of 8.22 and a beta of 0.51. The firm has a 50 day simple moving average of $128.70 and a 200-day simple moving average of $126.67.

Institutional Investors Weigh In On Vanguard Energy ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. RPg Family Wealth Advisory LLC acquired a new position in shares of Vanguard Energy ETF during the third quarter valued at about $46,000. Headlands Technologies LLC acquired a new position in Vanguard Energy ETF during the 2nd quarter valued at approximately $47,000. Banque Cantonale Vaudoise acquired a new position in Vanguard Energy ETF during the 3rd quarter valued at approximately $48,000. LRI Investments LLC acquired a new stake in shares of Vanguard Energy ETF during the third quarter worth $58,000. Finally, Cedar Wealth Management LLC grew its holdings in shares of Vanguard Energy ETF by 38.4% during the second quarter. Cedar Wealth Management LLC now owns 833 shares of the company’s stock valued at $106,000 after buying an additional 231 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).