Vanguard Mid-Cap ETF (NYSEARCA:VO) Hits New 52-Week High – Still a Buy?

Vanguard Mid-Cap ETF (NYSEARCA:VO)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $279.73 and last traded at $279.61, with a volume of 435968 shares trading hands. The stock had previously closed at $275.51.

Vanguard Mid-Cap ETF Trading Up 1.4 %

The company has a market cap of $72.22 billion, a PE ratio of 19.64 and a beta of 0.98. The business’s 50-day simple moving average is $266.35 and its 200-day simple moving average is $253.71.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Wealthquest Corp lifted its holdings in shares of Vanguard Mid-Cap ETF by 11.3% during the 3rd quarter. Wealthquest Corp now owns 123,046 shares of the company’s stock worth $32,292,000 after acquiring an additional 12,473 shares during the period. McIlrath & Eck LLC lifted its holdings in shares of Vanguard Mid-Cap ETF by 6.9% during the 3rd quarter. McIlrath & Eck LLC now owns 76,964 shares of the company’s stock worth $20,305,000 after acquiring an additional 4,960 shares during the period. Invst LLC lifted its holdings in shares of Vanguard Mid-Cap ETF by 22.9% during the 3rd quarter. Invst LLC now owns 1,053 shares of the company’s stock worth $278,000 after acquiring an additional 196 shares during the period. M&T Bank Corp lifted its holdings in Vanguard Mid-Cap ETF by 2.0% during the 3rd quarter. M&T Bank Corp now owns 29,348 shares of the company’s stock valued at $7,743,000 after purchasing an additional 575 shares during the last quarter. Finally, Soltis Investment Advisors LLC lifted its holdings in Vanguard Mid-Cap ETF by 1.6% during the 3rd quarter. Soltis Investment Advisors LLC now owns 9,660 shares of the company’s stock valued at $2,549,000 after purchasing an additional 153 shares during the last quarter.

About Vanguard Mid-Cap ETF

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.