Vanguard S&P Small-Cap 600 ETF (NYSEARCA:VIOO) Reaches New 1-Year High – Should You Buy?

Vanguard S&P Small-Cap 600 ETF (NYSEARCA:VIOO) reached a new 52-week high on Wednesday . The company traded as high as $116.12 and last traded at $115.4740, with a volume of 218726 shares changing hands. The stock had previously closed at $113.27.

Vanguard S&P Small-Cap 600 ETF Trading Down 1.1%

The firm has a market capitalization of $3.16 billion, a P/E ratio of 16.43 and a beta of 1.08. The company has a 50-day moving average of $110.68 and a 200-day moving average of $106.86.

Hedge Funds Weigh In On Vanguard S&P Small-Cap 600 ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its position in Vanguard S&P Small-Cap 600 ETF by 1,233.1% during the first quarter. Jones Financial Companies Lllp now owns 583,170 shares of the company’s stock valued at $56,282,000 after acquiring an additional 539,426 shares during the last quarter. Orgel Wealth Management LLC lifted its stake in shares of Vanguard S&P Small-Cap 600 ETF by 10.4% in the 2nd quarter. Orgel Wealth Management LLC now owns 1,311,200 shares of the company’s stock valued at $132,733,000 after purchasing an additional 123,720 shares during the period. Moss Adams Wealth Advisors LLC boosted its position in shares of Vanguard S&P Small-Cap 600 ETF by 1,476.1% during the 2nd quarter. Moss Adams Wealth Advisors LLC now owns 125,867 shares of the company’s stock valued at $12,742,000 after purchasing an additional 117,881 shares in the last quarter. Berman McAleer LLC acquired a new stake in Vanguard S&P Small-Cap 600 ETF during the third quarter worth approximately $10,069,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard S&P Small-Cap 600 ETF by 52.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 234,413 shares of the company’s stock worth $23,730,000 after buying an additional 80,451 shares during the period.

Vanguard S&P Small-Cap 600 ETF Company Profile

The Vanguard S&P Small-Cap 600 ETF (VIOO) is an exchange-traded fund that is based on the S&P Small Cap 600 index, a market-cap-weighted index of 600 small-cap US stocks selected by an S&P Committee. VIOO was launched on Sep 7, 2010 and is managed by Vanguard.