Vanguard Energy ETF (NYSEARCA:VDE) Hits New 12-Month Low – Time to Sell?

Vanguard Energy ETF (NYSEARCA:VDE)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $109.61 and last traded at $112.30, with a volume of 489996 shares traded. The stock had previously closed at $120.29.

Vanguard Energy ETF Stock Down 9.1 %

The business has a 50-day moving average price of $125.53 and a two-hundred day moving average price of $126.46. The company has a market cap of $10.16 billion, a P/E ratio of 15.41 and a beta of 0.94.

Vanguard Energy ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.9487 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This is a positive change from Vanguard Energy ETF’s previous dividend of $0.95.

Institutional Investors Weigh In On Vanguard Energy ETF

A number of institutional investors and hedge funds have recently modified their holdings of VDE. Rakuten Securities Inc. grew its holdings in Vanguard Energy ETF by 113.0% during the 4th quarter. Rakuten Securities Inc. now owns 230 shares of the company’s stock worth $28,000 after acquiring an additional 122 shares during the period. EPG Wealth Management LLC acquired a new stake in shares of Vanguard Energy ETF during the fourth quarter worth $38,000. Copia Wealth Management acquired a new stake in shares of Vanguard Energy ETF during the fourth quarter worth $40,000. Golden State Wealth Management LLC bought a new stake in Vanguard Energy ETF in the fourth quarter valued at about $48,000. Finally, LRI Investments LLC acquired a new position in Vanguard Energy ETF in the third quarter valued at about $58,000.

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).