Vanguard Energy ETF (NYSEARCA:VDE) Short Interest Update
by Sarita Garza · The Markets DailyVanguard Energy ETF (NYSEARCA:VDE – Get Free Report) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 132,485 shares, a drop of 50.1% from the June 15th total of 265,632 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 855,149 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Investors Weigh In On Vanguard Energy ETF
A number of institutional investors and hedge funds have recently made changes to their positions in VDE. BNP Paribas Financial Markets raised its stake in shares of Vanguard Energy ETF by 23,247.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 353,477 shares of the company’s stock worth $42,106,000 after buying an additional 351,963 shares during the last quarter. Ameritas Advisory Services LLC grew its stake in Vanguard Energy ETF by 5,416.8% in the 4th quarter. Ameritas Advisory Services LLC now owns 195,956 shares of the company’s stock valued at $24,675,000 after acquiring an additional 192,404 shares during the last quarter. Corient Private Wealth LLC grew its stake in Vanguard Energy ETF by 90.8% in the 2nd quarter. Corient Private Wealth LLC now owns 307,070 shares of the company’s stock valued at $36,578,000 after acquiring an additional 146,147 shares during the last quarter. TrueWealth Financial Partners purchased a new position in Vanguard Energy ETF during the 1st quarter valued at about $14,706,000. Finally, Royal Bank of Canada increased its holdings in Vanguard Energy ETF by 17.6% during the 1st quarter. Royal Bank of Canada now owns 493,318 shares of the company’s stock valued at $85,364,000 after acquiring an additional 73,950 shares in the last quarter.
Vanguard Energy ETF Trading Down 0.9%
Shares of NYSEARCA VDE traded down $1.49 during trading hours on Wednesday, reaching $159.42. The stock had a trading volume of 593,056 shares, compared to its average volume of 965,988. The firm has a market cap of $9.56 billion, a price-to-earnings ratio of 14.10 and a beta of 0.43. Vanguard Energy ETF has a fifty-two week low of $118.17 and a fifty-two week high of $179.34. The firm has a 50-day moving average of $159.47 and a 200-day moving average of $155.22.
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). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.
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