Vanguard S&P Small-Cap 600 ETF (NYSEARCA:VIOO) Hits New 12-Month High – Should You Buy?

Shares of Vanguard S&P Small-Cap 600 ETF (NYSEARCA:VIOO) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $130.38 and last traded at $130.38, with a volume of 4143 shares. The stock had previously closed at $128.09.

Vanguard S&P Small-Cap 600 ETF Stock Up 0.3%

The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 16.43 and a beta of 1.03. The stock’s 50-day moving average price is $124.04 and its 200-day moving average price is $118.71.

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

A number of institutional investors and hedge funds have recently modified their holdings of VIOO. Goldman Sachs Group Inc. raised its stake in shares of Vanguard S&P Small-Cap 600 ETF by 17.8% during the first quarter. Goldman Sachs Group Inc. now owns 196,416 shares of the company’s stock worth $18,956,000 after buying an additional 29,661 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Vanguard S&P Small-Cap 600 ETF by 73.1% during the first quarter. Jane Street Group LLC now owns 18,169 shares of the company’s stock worth $1,753,000 after buying an additional 7,675 shares during the last quarter. Baird Financial Group Inc. grew its position in shares of Vanguard S&P Small-Cap 600 ETF by 3.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,762 shares of the company’s stock worth $786,000 after buying an additional 255 shares during the period. Peapack Gladstone Financial Corp acquired a new position in shares of Vanguard S&P Small-Cap 600 ETF during the 2nd quarter worth about $767,000. Finally, Diversify Advisory Services LLC grew its position in shares of Vanguard S&P Small-Cap 600 ETF by 5.4% during the 2nd quarter. Diversify Advisory Services LLC now owns 3,542 shares of the company’s stock worth $375,000 after buying an additional 180 shares during the period.

Vanguard S&P Small-Cap 600 ETF Company Profile

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.