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

Vanguard Energy ETF (NYSEARCA:VDE) shares saw unusually-strong trading volume on Thursday . Approximately 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 company has a market cap of $8.47 billion, a price-to-earnings ratio of 8.22 and a beta of 0.51. The stock’s fifty day moving average is $129.28 and its two-hundred day moving average is $126.87.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of VDE. Synovus Financial Corp lifted its position in shares of Vanguard Energy ETF by 1.4% during the third quarter. Synovus Financial Corp now owns 25,949 shares of the company’s stock valued at $3,178,000 after purchasing an additional 359 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Vanguard Energy ETF during the 3rd quarter worth approximately $617,000. Sanctuary Advisors LLC grew its holdings in shares of Vanguard Energy ETF by 53.9% in the third quarter. Sanctuary Advisors LLC now owns 62,669 shares of the company’s stock valued at $7,675,000 after acquiring an additional 21,946 shares in the last quarter. Anchor Investment Management LLC increased its position in shares of Vanguard Energy ETF by 7.9% during the third quarter. Anchor Investment Management LLC now owns 29,045 shares of the company’s stock valued at $3,557,000 after acquiring an additional 2,125 shares during the last quarter. Finally, Soltis Investment Advisors LLC lifted its holdings in Vanguard Energy ETF by 38.7% during the third quarter. Soltis Investment Advisors LLC now owns 2,331 shares of the company’s stock worth $285,000 after acquiring an additional 650 shares during the period.

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).