Vanguard Mid-Cap ETF (NYSEARCA:VO) Sets New 12-Month High – Time to Buy?

Shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) reached a new 52-week high on Wednesday . The stock traded as high as $81.61 and last traded at $81.33, with a volume of 413759 shares. The stock had previously closed at $81.35.

Vanguard Mid-Cap ETF Price Performance

The business has a 50 day simple moving average of $79.83 and a 200-day simple moving average of $76.63. The stock has a market capitalization of $106.52 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99.

Hedge Funds Weigh In On Vanguard Mid-Cap ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Versant Capital Management Inc increased its stake in Vanguard Mid-Cap ETF by 300.0% during the 2nd quarter. Versant Capital Management Inc now owns 376 shares of the company’s stock worth $30,000 after purchasing an additional 282 shares in the last quarter. Birchwood Financial Partners Inc. bought a new position in Vanguard Mid-Cap ETF in the fourth quarter valued at approximately $30,000. Luken Investment Analytics LLC bought a new position in Vanguard Mid-Cap ETF in the fourth quarter valued at approximately $31,000. Core Wealth Advisors LLC bought a new position in Vanguard Mid-Cap ETF in the fourth quarter valued at approximately $31,000. Finally, Timmons Wealth Management LLC acquired a new position in shares of Vanguard Mid-Cap ETF in the fourth quarter valued at approximately $31,000.

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.