Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Hits New 52-Week High – What’s Next?

Shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) hit a new 52-week high during trading on Monday . The company traded as high as $305.98 and last traded at $305.35, with a volume of 25475 shares traded. The stock had previously closed at $297.16.

Vanguard Mid-Cap Growth ETF Price Performance

The business’s 50 day simple moving average is $287.10 and its 200 day simple moving average is $280.26. The company has a market capitalization of $19.49 billion, a PE ratio of 31.98 and a beta of 1.16.

Institutional Investors Weigh In On Vanguard Mid-Cap Growth ETF

Several large investors have recently added to or reduced their stakes in the business. Morgan Stanley increased its stake in Vanguard Mid-Cap Growth ETF by 1.5% during the 4th quarter. Morgan Stanley now owns 2,972,164 shares of the company’s stock worth $829,650,000 after buying an additional 43,368 shares during the period. Assetmark Inc. grew its position in shares of Vanguard Mid-Cap Growth ETF by 2.8% in the 4th quarter. Assetmark Inc. now owns 2,218,378 shares of the company’s stock valued at $619,238,000 after buying an additional 61,388 shares during the last quarter. Bank of America Corp DE grew its position in shares of Vanguard Mid-Cap Growth ETF by 2.6% in the 1st quarter. Bank of America Corp DE now owns 2,157,636 shares of the company’s stock valued at $555,268,000 after buying an additional 54,788 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Vanguard Mid-Cap Growth ETF by 2.6% during the 4th quarter. Wells Fargo & Company MN now owns 1,615,293 shares of the company’s stock worth $450,893,000 after purchasing an additional 40,251 shares during the period. Finally, EP Wealth Advisors LLC acquired a new stake in Vanguard Mid-Cap Growth ETF during the 4th quarter worth $392,288,000.

About Vanguard Mid-Cap Growth ETF

Vanguard Mid-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Mid-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Mid Cap Growth Index (the Index). The Index is a diversified index of growth stocks of medium-size United States companies. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.