Vanguard Mid-Cap ETF (NYSEARCA:VO) Hits New 12-Month High – Still a Buy?

Vanguard Mid-Cap ETF (NYSEARCA:VO) reached a new 52-week high during trading on Tuesday . The stock traded as high as $81.84 and last traded at $81.78, with a volume of 3074726 shares. The stock had previously closed at $80.95.

Vanguard Mid-Cap ETF Stock Up 1.0%

The company has a 50 day simple moving average of $80.11 and a 200-day simple moving average of $76.81. The stock has a market capitalization of $107.53 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99.

Institutional Trading of Vanguard Mid-Cap ETF

Several hedge funds have recently modified their holdings of VO. Birchwood Financial Partners Inc. bought a new position in Vanguard Mid-Cap ETF during the fourth quarter worth $30,000. Luken Investment Analytics LLC bought a new stake in Vanguard Mid-Cap ETF in the fourth quarter valued at $31,000. Timmons Wealth Management LLC bought a new stake in Vanguard Mid-Cap ETF in the fourth quarter valued at $31,000. Cambient Family Office LLC acquired a new position in shares of Vanguard Mid-Cap ETF during the fourth quarter valued at about $31,000. Finally, Core Wealth Advisors LLC acquired a new position in shares of Vanguard Mid-Cap ETF during the fourth quarter valued at about $31,000.

Vanguard Mid-Cap ETF Company Profile

Vanguard Mid-Cap ETF is an exchange-traded fund. Vanguard Mid-Cap Index Fund seeks to track the performance of the MSCI US Mid Cap 450 Index representing medium-size United States firms. The portfolio holds all stocks in the same capitalization weighting as the index. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.