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

Vanguard Mid-Cap ETF (NYSEARCA:VO) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $81.16 and last traded at $81.03, with a volume of 161940 shares trading hands. The stock had previously closed at $79.82.

Vanguard Mid-Cap ETF Trading Up 1.4%

The company’s 50-day simple moving average is $76.95 and its 200-day simple moving average is $75.00. The stock has a market capitalization of $26.00 billion, a price-to-earnings ratio of 21.50 and a beta of 1.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VO. Birchwood Financial Partners Inc. bought a new position in Vanguard Mid-Cap ETF during the fourth quarter worth $30,000. Luken Investment Analytics LLC bought a new stake in shares of Vanguard Mid-Cap ETF during the fourth quarter worth about $31,000. Core Wealth Advisors LLC bought a new stake in shares of Vanguard Mid-Cap ETF during the fourth quarter worth about $31,000. Timmons Wealth Management LLC bought a new stake in shares of Vanguard Mid-Cap ETF during the fourth quarter worth about $31,000. Finally, Cambient Family Office LLC bought a new stake in shares of Vanguard Mid-Cap ETF during the fourth quarter worth about $31,000.

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.