Vanguard S&P Small-Cap 600 ETF (NYSEARCA:VIOO) Sees Unusually-High Trading Volume – Still a Buy?

Vanguard S&P Small-Cap 600 ETF (NYSEARCA:VIOO) shares saw unusually-high trading volume on Wednesday . Approximately 179,382 shares changed hands during trading, an increase of 77% from the previous session’s volume of 101,372 shares.The stock last traded at $138.19 and had previously closed at $137.54.

Vanguard S&P Small-Cap 600 ETF Trading Down 0.0%

The company has a 50-day moving average price of $128.70 and a two-hundred day moving average price of $121.15. The stock has a market capitalization of $4.05 billion, a P/E ratio of 16.43 and a beta of 1.03.

Institutional Investors Weigh In On Vanguard S&P Small-Cap 600 ETF

A number of hedge funds have recently added to or reduced their stakes in VIOO. Huntington National Bank acquired a new position in Vanguard S&P Small-Cap 600 ETF in the third quarter valued at approximately $27,000. Clearstead Trust LLC lifted its position in shares of Vanguard S&P Small-Cap 600 ETF by 119.2% during the 4th quarter. Clearstead Trust LLC now owns 263 shares of the company’s stock valued at $29,000 after acquiring an additional 143 shares during the period. Garton & Associates Financial Advisors LLC bought a new position in Vanguard S&P Small-Cap 600 ETF during the fourth quarter worth $34,000. Raleigh Capital Management Inc. acquired a new stake in Vanguard S&P Small-Cap 600 ETF in the first quarter worth $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Vanguard S&P Small-Cap 600 ETF in the fourth quarter valued at $46,000.

About Vanguard S&P Small-Cap 600 ETF

The Vanguard S&P Small-Cap 600 ETF (VIOO) is an exchange-traded fund that is based on the S&P Small Cap 600 index, a market-cap-weighted index of 600 small-cap US stocks selected by an S&P Committee. VIOO was launched on Sep 7, 2010 and is managed by Vanguard.