Vanguard Mid-Cap ETF (NYSEARCA:VO) Sets New 52-Week Low – Should You Sell?

Vanguard Mid-Cap ETF (NYSEARCA:VO) hit a new 52-week low on Friday . The company traded as low as $233.61 and last traded at $236.78, with a volume of 1813097 shares changing hands. The stock had previously closed at $249.18.

Vanguard Mid-Cap ETF Stock Performance

The firm has a market capitalization of $232.40 billion, a PE ratio of 21.62 and a beta of 1.11. The company has a fifty day simple moving average of $266.76 and a two-hundred day simple moving average of $269.11.

Vanguard Mid-Cap ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $1.1671 per share. This is a boost from Vanguard Mid-Cap ETF’s previous dividend of $0.93. The ex-dividend date was Thursday, March 27th.

Hedge Funds Weigh In On Vanguard Mid-Cap ETF

Several institutional investors have recently bought and sold shares of the business. Silverleafe Capital Partners LLC raised its stake in shares of Vanguard Mid-Cap ETF by 31.7% during the 4th quarter. Silverleafe Capital Partners LLC now owns 15,886 shares of the company’s stock worth $4,196,000 after acquiring an additional 3,820 shares in the last quarter. DeDora Capital Inc. increased its position in shares of Vanguard Mid-Cap ETF by 2.2% during the fourth quarter. DeDora Capital Inc. now owns 8,321 shares of the company’s stock worth $2,198,000 after purchasing an additional 176 shares in the last quarter. Spinnaker Trust lifted its holdings in shares of Vanguard Mid-Cap ETF by 0.9% during the 4th quarter. Spinnaker Trust now owns 20,637 shares of the company’s stock valued at $5,451,000 after purchasing an additional 176 shares during the last quarter. Next Level Wealth Planning LLC purchased a new stake in shares of Vanguard Mid-Cap ETF during the 4th quarter valued at $12,593,000. Finally, Axis Wealth Partners LLC acquired a new stake in shares of Vanguard Mid-Cap ETF in the 4th quarter worth $282,000.

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.