Vanguard ESG U.S. Stock ETF (BATS:ESGV) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Vanguard ESG U.S. Stock ETF (BATS:ESGV) shares crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $136.00 and traded as high as $136.43. Vanguard ESG U.S. Stock ETF shares last traded at $136.18, with a volume of 96,349 shares changing hands.

Vanguard ESG U.S. Stock ETF Stock Performance

The stock has a market capitalization of $12.93 billion, a PE ratio of 25.59 and a beta of 1.07. The business’s 50-day moving average price is $135.95 and its 200 day moving average price is $128.24.

Hedge Funds Weigh In On Vanguard ESG U.S. Stock ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ESGV. Wealthfront Advisers LLC raised its holdings in Vanguard ESG U.S. Stock ETF by 13.6% in the 1st quarter. Wealthfront Advisers LLC now owns 1,790,108 shares of the company’s stock worth $200,975,000 after purchasing an additional 214,530 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Vanguard ESG U.S. Stock ETF by 2.2% in the 1st quarter. Bank of America Corp DE now owns 577,767 shares of the company’s stock worth $64,866,000 after purchasing an additional 12,370 shares during the period. Stanich Group LLC lifted its position in shares of Vanguard ESG U.S. Stock ETF by 1.3% in the 3rd quarter. Stanich Group LLC now owns 558,545 shares of the company’s stock worth $75,702,000 after purchasing an additional 7,136 shares during the period. IMPACTfolio LLC boosted its stake in shares of Vanguard ESG U.S. Stock ETF by 2.4% during the 3rd quarter. IMPACTfolio LLC now owns 511,621 shares of the company’s stock valued at $69,340,000 after purchasing an additional 12,182 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Vanguard ESG U.S. Stock ETF by 0.7% during the 1st quarter. Royal Bank of Canada now owns 459,249 shares of the company’s stock valued at $51,560,000 after purchasing an additional 3,193 shares in the last quarter.

About Vanguard ESG U.S. Stock ETF

The Vanguard ESG U.S. Stock ETF (ESGV) is an exchange-traded fund that is based on the FTSE USA All Cap Choice index, a market-cap-weighted index of US all-cap companies screened for environmental, social, and corporate governance (ESG) criteria. ESGV was launched on Sep 18, 2018 and is managed by Vanguard.