Vanguard Mid-Cap ETF (NYSEARCA:VO) Hits New 12-Month High – Time to 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 $285.60 and last traded at $285.18, with a volume of 50054 shares trading hands. The stock had previously closed at $284.03.

Vanguard Mid-Cap ETF Trading Down 0.0 %

The company has a 50-day moving average price of $268.33 and a 200 day moving average price of $254.84. The stock has a market capitalization of $73.44 billion, a P/E ratio of 19.64 and a beta of 0.98.

Institutional Trading of Vanguard Mid-Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VO. Fairfield Financial Advisors LTD acquired a new position in shares of Vanguard Mid-Cap ETF during the 2nd quarter worth approximately $26,000. Pin Oak Investment Advisors Inc. acquired a new position in Vanguard Mid-Cap ETF during the third quarter worth $35,000. Pathway Financial Advisers LLC purchased a new position in Vanguard Mid-Cap ETF during the first quarter valued at $44,000. Redmont Wealth Advisors LLC grew its position in shares of Vanguard Mid-Cap ETF by 147.8% in the third quarter. Redmont Wealth Advisors LLC now owns 166 shares of the company’s stock valued at $44,000 after purchasing an additional 99 shares during the period. Finally, LRI Investments LLC purchased a new stake in shares of Vanguard Mid-Cap ETF during the first quarter worth about $46,000.

About Vanguard Mid-Cap ETF

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.