Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Sees Unusually-High Trading Volume – Still a Buy?

Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) saw unusually-strong trading volume on Thursday. 352,825 shares were traded during mid-day trading, an increase of 61% from the previous session’s volume of 219,301 shares. The stock last traded at $289.2920 and had previously closed at $290.68.

Vanguard Mid-Cap Growth ETF Stock Up 0.1%

The company has a market capitalization of $19.10 billion, a price-to-earnings ratio of 31.98 and a beta of 1.17. The stock has a fifty day moving average price of $299.93 and a two-hundred day moving average price of $293.58.

Institutional Investors Weigh In On Vanguard Mid-Cap Growth ETF

Several large investors have recently made changes to their positions in VOT. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Vanguard Mid-Cap Growth ETF during the 1st quarter valued at $28,000. C M Bidwell & Associates Ltd. bought a new position in Vanguard Mid-Cap Growth ETF during the second quarter valued at about $32,000. Wellington Grp LLC grew its holdings in Vanguard Mid-Cap Growth ETF by 87.0% during the first quarter. Wellington Grp LLC now owns 129 shares of the company’s stock valued at $33,000 after purchasing an additional 60 shares during the last quarter. Bank of New Hampshire acquired a new stake in shares of Vanguard Mid-Cap Growth ETF in the third quarter valued at approximately $42,000. Finally, Eastern Bank acquired a new position in shares of Vanguard Mid-Cap Growth ETF in the 3rd quarter valued at approximately $44,000.

Vanguard Mid-Cap Growth ETF Company Profile

Vanguard Mid-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Mid-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Mid Cap Growth Index (the Index). The Index is a diversified index of growth stocks of medium-size United States companies. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.