Vanguard Mid-Cap ETF (NYSEARCA:VO) Sets New 52-Week High – Should You Buy?

Vanguard Mid-Cap ETF (NYSEARCA:VO) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $78.65 and last traded at $78.57, with a volume of 170483 shares changing hands. The stock had previously closed at $78.08.

Vanguard Mid-Cap ETF Stock Performance

The firm’s fifty day simple moving average is $75.01 and its 200 day simple moving average is $74.26. The firm has a market cap of $25.25 billion, a P/E ratio of 21.50 and a beta of 1.01.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VO. Summitry LLC bought a new position in shares of Vanguard Mid-Cap ETF in the 1st quarter valued at about $223,000. WNY Asset Management LLC bought a new position in shares of Vanguard Mid-Cap ETF in the 1st quarter valued at about $247,000. Coastline Complete Wealth LLC lifted its holdings in shares of Vanguard Mid-Cap ETF by 9.7% in the 1st quarter. Coastline Complete Wealth LLC now owns 40,062 shares of the company’s stock valued at $11,505,000 after acquiring an additional 3,550 shares during the last quarter. Wellington Grp LLC lifted its holdings in shares of Vanguard Mid-Cap ETF by 13.5% in the 1st quarter. Wellington Grp LLC now owns 69,082 shares of the company’s stock valued at $19,839,000 after acquiring an additional 8,217 shares during the last quarter. Finally, Verus Capital Partners LLC lifted its holdings in shares of Vanguard Mid-Cap ETF by 2.1% in the 1st quarter. Verus Capital Partners LLC now owns 10,911 shares of the company’s stock valued at $3,133,000 after acquiring an additional 222 shares during the last quarter.

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.