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

Vanguard Mid-Cap ETF (NYSEARCA:VO)’s share price hit 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 trading hands. The stock had previously closed at $83.09.

Vanguard Mid-Cap ETF Stock Up 0.8%

The firm has a market cap of $110.76 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99. The firm has a 50 day moving average of $80.71 and a 200 day moving average of $77.27.

Institutional Trading of Vanguard Mid-Cap ETF

Several hedge funds have recently modified their holdings of the stock. Capital Square LLC acquired a new position in shares of Vanguard Mid-Cap ETF during the second quarter valued at about $247,000. C M Bidwell & Associates Ltd. acquired a new stake in shares of Vanguard Mid-Cap ETF in the 2nd quarter valued at about $197,000. Chandler Asset Management Inc. bought a new stake in Vanguard Mid-Cap ETF in the 2nd quarter valued at about $1,783,000. Diana Davis Spencer Foundation bought a new stake in Vanguard Mid-Cap ETF in the 2nd quarter valued at about $21,001,000. Finally, Beacon Bank & Trust raised its stake in Vanguard Mid-Cap ETF by 300.0% during the 2nd quarter. Beacon Bank & Trust now owns 8,560 shares of the company’s stock worth $690,000 after buying an additional 6,420 shares during the period.

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.