Vanguard Mid-Cap ETF (NYSEARCA:VO) Reaches New 12-Month High – Still a Buy?

Vanguard Mid-Cap ETF (NYSEARCA:VO) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $77.64 and last traded at $77.33, with a volume of 568252 shares changing hands. The stock had previously closed at $77.31.

Vanguard Mid-Cap ETF Price Performance

The firm has a market capitalization of $99.38 billion, a PE ratio of 21.50 and a beta of 1.03. The company’s fifty day simple moving average is $74.37 and its 200-day simple moving average is $73.78.

Hedge Funds Weigh In On Vanguard Mid-Cap ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Birchwood Financial Partners Inc. acquired a new stake in Vanguard Mid-Cap ETF during the fourth quarter worth about $30,000. Luken Investment Analytics LLC acquired a new stake in Vanguard Mid-Cap ETF during the fourth quarter worth about $31,000. Core Wealth Advisors LLC acquired a new stake in Vanguard Mid-Cap ETF during the fourth quarter worth about $31,000. Timmons Wealth Management LLC acquired a new stake in Vanguard Mid-Cap ETF during the fourth quarter worth about $31,000. Finally, Cambient Family Office LLC acquired a new stake in Vanguard Mid-Cap ETF during the fourth quarter worth about $31,000.

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.