Vanguard Energy ETF (NYSEARCA:VDE) Reaches New 52-Week Low – What’s Next?

Vanguard Energy ETF (NYSEARCA:VDE)’s share price hit a new 52-week low on Friday . The company 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 Trading Down 9.1 %

The company’s 50-day moving average is $125.53 and its 200-day moving average is $126.46. The firm has a market cap of $10.16 billion, a price-to-earnings ratio of 15.41 and a beta of 0.94.

Vanguard Energy ETF Increases Dividend

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

Institutional Trading of Vanguard Energy ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Rakuten Securities Inc. grew its position in Vanguard Energy ETF by 113.0% in the fourth quarter. Rakuten Securities Inc. now owns 230 shares of the company’s stock valued at $28,000 after acquiring an additional 122 shares during the last quarter. EPG Wealth Management LLC bought a new stake in shares of Vanguard Energy ETF during the 4th quarter valued at approximately $38,000. Copia Wealth Management acquired a new position in Vanguard Energy ETF during the 4th quarter worth approximately $40,000. Golden State Wealth Management LLC bought a new position in Vanguard Energy ETF in the 4th quarter valued at approximately $48,000. Finally, Centricity Wealth Management LLC acquired a new stake in Vanguard Energy ETF in the fourth quarter valued at approximately $54,000.

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).