Vanguard Extended Market ETF (NYSEARCA:VXF) Hits New 52-Week High – Still a Buy?

Vanguard Extended Market ETF (NYSEARCA:VXF)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $250.75 and last traded at $250.63, with a volume of 247 shares changing hands. The stock had previously closed at $250.60.

Vanguard Extended Market ETF Trading Up 0.0%

The company has a market cap of $32.14 billion, a price-to-earnings ratio of 19.00 and a beta of 1.13. The company has a fifty day moving average price of $240.72 and a two-hundred day moving average price of $226.63.

Institutional Trading of Vanguard Extended Market ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Morgan Stanley boosted its holdings in Vanguard Extended Market ETF by 8.1% during the fourth quarter. Morgan Stanley now owns 3,936,464 shares of the company’s stock valued at $823,194,000 after purchasing an additional 293,651 shares in the last quarter. Bank of America Corp DE raised its stake in Vanguard Extended Market ETF by 19.7% during the first quarter. Bank of America Corp DE now owns 2,254,629 shares of the company’s stock worth $464,003,000 after acquiring an additional 370,713 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of Vanguard Extended Market ETF by 0.8% during the first quarter. Fifth Third Bancorp now owns 1,404,888 shares of the company’s stock valued at $289,126,000 after acquiring an additional 11,171 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Vanguard Extended Market ETF by 6.8% during the fourth quarter. Vanguard Group Inc. now owns 1,381,682 shares of the company’s stock valued at $288,937,000 after acquiring an additional 88,303 shares during the period. Finally, Assetmark Inc. boosted its stake in shares of Vanguard Extended Market ETF by 4.9% in the 1st quarter. Assetmark Inc. now owns 1,282,644 shares of the company’s stock valued at $263,968,000 after purchasing an additional 59,568 shares in the last quarter.

Vanguard Extended Market ETF Company Profile

Vanguard Extended Market ETF (the Fund) is an exchange-traded share class of Vanguard Extended Market Stock Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the Standard & Poor’s Completion Index (the Index), a diversified index of stocks of small and medium-sized United States companies. The Index contains all of the United States common stocks regularly traded on the New York and American Stock Exchanges, and the Nasdaq over-the-counter market, except those stocks included in the Standard & Poor’s 500 Index.