Vanguard Mid-Cap ETF (NYSEARCA:VO) Hits New 52-Week High – Here’s Why

Vanguard Mid-Cap ETF (NYSEARCA:VO)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $264.76 and last traded at $264.62, with a volume of 165889 shares changing hands. The stock had previously closed at $262.58.

Vanguard Mid-Cap ETF Stock Up 0.5 %

The company has a market capitalization of $68.22 billion, a P/E ratio of 19.64 and a beta of 0.98. The business has a fifty day moving average price of $254.53 and a 200 day moving average price of $247.83.

Institutional Trading of Vanguard Mid-Cap ETF

A number of institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers increased its stake in shares of Vanguard Mid-Cap ETF by 524.1% during the 1st quarter. Cetera Investment Advisers now owns 695,861 shares of the company’s stock worth $173,868,000 after purchasing an additional 584,356 shares during the last quarter. Pathstone Holdings LLC bought a new stake in Vanguard Mid-Cap ETF in the fourth quarter valued at approximately $132,881,000. Natixis Advisors LLC raised its stake in Vanguard Mid-Cap ETF by 19.7% in the second quarter. Natixis Advisors LLC now owns 1,760,991 shares of the company’s stock valued at $426,336,000 after buying an additional 290,003 shares during the period. Truist Financial Corp lifted its position in shares of Vanguard Mid-Cap ETF by 74.6% in the second quarter. Truist Financial Corp now owns 556,060 shares of the company’s stock valued at $134,622,000 after buying an additional 237,518 shares during the last quarter. Finally, Strategic Financial Concepts LLC bought a new position in shares of Vanguard Mid-Cap ETF during the 2nd quarter worth approximately $56,294,000.

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.