Vanguard S&P Small-Cap 600 ETF (NYSEARCA:VIOO) Sets New 52-Week High – Should You Buy?

Vanguard S&P Small-Cap 600 ETF (NYSEARCA:VIOO) hit a new 52-week high on Tuesday . The stock traded as high as $128.88 and last traded at $128.85, with a volume of 13264 shares changing hands. The stock had previously closed at $127.02.

Vanguard S&P Small-Cap 600 ETF Price Performance

The firm has a 50-day moving average of $121.05 and a 200 day moving average of $117.35. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 16.43 and a beta of 1.04.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. WNY Asset Management LLC bought a new stake in Vanguard S&P Small-Cap 600 ETF during the first quarter worth $319,000. NewEdge Advisors LLC grew its position in shares of Vanguard S&P Small-Cap 600 ETF by 15.0% in the 1st quarter. NewEdge Advisors LLC now owns 8,229 shares of the company’s stock valued at $945,000 after acquiring an additional 1,074 shares during the period. Bank of America Corp DE increased its stake in shares of Vanguard S&P Small-Cap 600 ETF by 10.1% during the 1st quarter. Bank of America Corp DE now owns 881,389 shares of the company’s stock worth $101,210,000 after purchasing an additional 80,770 shares during the last quarter. Centaurus Financial Inc. increased its stake in shares of Vanguard S&P Small-Cap 600 ETF by 70.4% during the 1st quarter. Centaurus Financial Inc. now owns 2,405 shares of the company’s stock worth $276,000 after purchasing an additional 994 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in Vanguard S&P Small-Cap 600 ETF by 32.0% in the 1st quarter. Royal Bank of Canada now owns 363,191 shares of the company’s stock valued at $41,705,000 after purchasing an additional 88,062 shares during the last quarter.

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.