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

Vanguard Mid-Cap ETF (NYSEARCA:VO)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $83.63 and last traded at $83.42, with a volume of 178850 shares traded. The stock had previously closed at $83.09.

Vanguard Mid-Cap ETF Price Performance

The firm has a market capitalization of $109.55 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99. The firm has a 50 day moving average price of $80.55 and a 200-day moving average price of $77.14.

Institutional Investors Weigh In On Vanguard Mid-Cap ETF

A number of hedge funds have recently bought and sold shares of the stock. Brighton Securities CORP. raised its stake in Vanguard Mid-Cap ETF by 314.2% in the 2nd quarter. Brighton Securities CORP. now owns 85,580 shares of the company’s stock valued at $6,895,000 after purchasing an additional 64,918 shares during the last quarter. Breakwater Capital Group boosted its stake in shares of Vanguard Mid-Cap ETF by 298.2% during the 2nd quarter. Breakwater Capital Group now owns 12,879 shares of the company’s stock worth $1,038,000 after purchasing an additional 9,645 shares during the last quarter. Addis & Hill Inc grew its holdings in shares of Vanguard Mid-Cap ETF by 269.3% during the second quarter. Addis & Hill Inc now owns 138,549 shares of the company’s stock worth $11,163,000 after buying an additional 101,033 shares in the last quarter. Avior Wealth Management LLC grew its holdings in shares of Vanguard Mid-Cap ETF by 1,950.4% during the second quarter. Avior Wealth Management LLC now owns 944,180 shares of the company’s stock worth $75,913,000 after buying an additional 898,132 shares in the last quarter. Finally, Financial Management Professionals Inc. grew its holdings in shares of Vanguard Mid-Cap ETF by 300.1% during the second quarter. Financial Management Professionals Inc. now owns 140,360 shares of the company’s stock worth $11,309,000 after buying an additional 105,277 shares in the last quarter.

Vanguard Mid-Cap ETF Company Profile

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.