Vanguard Mid-Cap ETF (NYSEARCA:VO) Reaches New 52-Week High – Still a Buy?

Vanguard Mid-Cap ETF (NYSEARCA:VO) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $307.23 and last traded at $307.17, with a volume of 148039 shares changing hands. The stock had previously closed at $302.76.

Vanguard Mid-Cap ETF Stock Performance

The stock has a market cap of $98.62 billion, a P/E ratio of 21.50 and a beta of 1.03. The stock’s fifty day simple moving average is $296.68 and its 200-day simple moving average is $294.31.

Vanguard Mid-Cap ETF’s stock is going to split on the morning of Tuesday, April 21st. The 4-1 split was announced on Tuesday, March 24th. The newly minted shares will be distributed to shareholders after the market closes on Monday, April 20th.

Institutional Trading of Vanguard Mid-Cap ETF

A number of institutional investors have recently bought and sold shares of VO. Brighton Jones LLC boosted its holdings in Vanguard Mid-Cap ETF by 127.4% in the 4th quarter. Brighton Jones LLC now owns 26,032 shares of the company’s stock valued at $6,876,000 after purchasing an additional 14,584 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Vanguard Mid-Cap ETF by 0.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 11,018 shares of the company’s stock worth $2,910,000 after acquiring an additional 59 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Vanguard Mid-Cap ETF by 52.3% during the 1st quarter. AQR Capital Management LLC now owns 7,758 shares of the company’s stock worth $2,006,000 after acquiring an additional 2,665 shares during the period. Empowered Funds LLC lifted its holdings in shares of Vanguard Mid-Cap ETF by 7.1% during the 1st quarter. Empowered Funds LLC now owns 4,396 shares of the company’s stock worth $1,137,000 after acquiring an additional 292 shares during the period. Finally, First Trust Advisors LP lifted its holdings in shares of Vanguard Mid-Cap ETF by 12.9% during the 2nd quarter. First Trust Advisors LP now owns 4,559 shares of the company’s stock worth $1,276,000 after acquiring an additional 522 shares during the period.

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.