Vanguard Mid-Cap ETF (NYSEARCA:VO) Sees Strong Trading Volume – Should You Buy?

Shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) saw unusually-high trading volume on Tuesday . Approximately 617,243 shares were traded during trading, an increase of 3% from the previous session’s volume of 599,760 shares.The stock last traded at $256.12 and had previously closed at $258.62.

Vanguard Mid-Cap ETF Trading Up 0.5 %

The stock has a market cap of $257.76 billion, a P/E ratio of 21.62 and a beta of 1.11. The firm’s fifty day moving average is $268.84 and its 200 day moving average is $269.38.

Vanguard Mid-Cap ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $1.1671 dividend. The ex-dividend date was Thursday, March 27th. This is an increase from Vanguard Mid-Cap ETF’s previous dividend of $0.93.

Hedge Funds Weigh In On Vanguard Mid-Cap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wagner Wealth Management LLC acquired a new position in Vanguard Mid-Cap ETF during the 4th quarter worth approximately $26,000. Mainstream Capital Management LLC bought a new stake in shares of Vanguard Mid-Cap ETF during the 4th quarter worth approximately $33,000. AlphaMark Advisors LLC acquired a new stake in shares of Vanguard Mid-Cap ETF in the 4th quarter valued at approximately $34,000. Alexis Investment Partners LLC acquired a new stake in shares of Vanguard Mid-Cap ETF in the fourth quarter valued at about $34,000. Finally, Raleigh Capital Management Inc. lifted its stake in shares of Vanguard Mid-Cap ETF by 907.1% in the fourth quarter. Raleigh Capital Management Inc. now owns 141 shares of the company’s stock worth $37,000 after acquiring an additional 127 shares during the period.

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.