Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV) Sees Large Volume Increase – Here’s What Happened

Vanguard S&P Small-Cap 600 Value ETF (NYSEARCA:VIOV) saw unusually-high trading volume on Wednesday . Approximately 50,750 shares traded hands during mid-day trading, an increase of 1% from the previous session’s volume of 50,016 shares.The stock last traded at $115.49 and had previously closed at $115.26.

Vanguard S&P Small-Cap 600 Value ETF Trading Down 0.2%

The company has a market cap of $1.76 billion, a PE ratio of 13.90 and a beta of 1.00. The stock has a 50 day moving average price of $110.30 and a 200 day moving average price of $105.25.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Asset Dedication LLC lifted its stake in shares of Vanguard S&P Small-Cap 600 Value ETF by 79.5% in the 1st quarter. Asset Dedication LLC now owns 1,048 shares of the company’s stock valued at $107,000 after purchasing an additional 464 shares during the period. Western Wealth Management LLC purchased a new position in shares of Vanguard S&P Small-Cap 600 Value ETF in the 1st quarter valued at approximately $39,000. Bank of America Corp DE lifted its stake in shares of Vanguard S&P Small-Cap 600 Value ETF by 6.4% in the 1st quarter. Bank of America Corp DE now owns 145,056 shares of the company’s stock valued at $14,758,000 after purchasing an additional 8,755 shares during the period. Centaurus Financial Inc. lifted its stake in shares of Vanguard S&P Small-Cap 600 Value ETF by 9.5% in the 1st quarter. Centaurus Financial Inc. now owns 1,767 shares of the company’s stock valued at $180,000 after purchasing an additional 154 shares during the period. Finally, Royal Bank of Canada lifted its stake in shares of Vanguard S&P Small-Cap 600 Value ETF by 200.6% in the 1st quarter. Royal Bank of Canada now owns 88,966 shares of the company’s stock valued at $9,051,000 after purchasing an additional 59,371 shares during the period.

About Vanguard S&P Small-Cap 600 Value ETF

The Vanguard S&P Small-Cap 600 Value ETF (VIOV) is an exchange-traded fund that is based on the S&P Small Cap 600 Value index. The fund tracks a market cap-weighted index of small-cap value companies selected from the S&P 600. VIOV was launched on Sep 7, 2010 and is managed by Vanguard.