Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV) Sees Strong Trading Volume – Still a Buy?

Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV) saw unusually-high trading volume on Monday . Approximately 212,393 shares changed hands during mid-day trading, an increase of 177% from the previous session’s volume of 76,766 shares.The stock last traded at $73.41 and had previously closed at $75.55.

Vanguard S&P Small-Cap 600 Value ETF Price Performance

The company has a market cap of $1.13 billion, a P/E ratio of 13.06 and a beta of 1.19. The stock has a fifty day moving average price of $86.93 and a two-hundred day moving average price of $92.16.

Vanguard S&P Small-Cap 600 Value ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.2807 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Investors Weigh In On Vanguard S&P Small-Cap 600 Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of Vanguard S&P Small-Cap 600 Value ETF by 196.7% during the third quarter. JPMorgan Chase & Co. now owns 33,606 shares of the company’s stock valued at $3,107,000 after acquiring an additional 22,278 shares during the last quarter. FMR LLC boosted its holdings in shares of Vanguard S&P Small-Cap 600 Value ETF by 59.7% in the 3rd quarter. FMR LLC now owns 2,359 shares of the company’s stock worth $218,000 after buying an additional 882 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in Vanguard S&P Small-Cap 600 Value ETF by 16.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,799 shares of the company’s stock worth $261,000 after buying an additional 392 shares during the last quarter. Noble Wealth Management PBC bought a new stake in Vanguard S&P Small-Cap 600 Value ETF in the fourth quarter worth about $83,000. Finally, Atria Wealth Solutions Inc. bought a new position in Vanguard S&P Small-Cap 600 Value ETF during the fourth quarter valued at $202,000.

About Vanguard S&P Small-Cap 600 Value ETF

The Vanguard S&P Small-Cap 600 Value ETF (VIOV) is an exchange-traded fund that is based on the S&P Small Cap 600 Value index. The fund tracks a market cap-weighted index of small-cap value companies selected from the S&P 600. VIOV was launched on Sep 7, 2010 and is managed by Vanguard.