Vanguard Mid-Cap ETF (NYSEARCA:VO) Sets New 1-Year High – Here’s Why

Vanguard Mid-Cap ETF (NYSEARCA:VO)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $81.61 and last traded at $81.33, with a volume of 413759 shares traded. The stock had previously closed at $81.35.

Vanguard Mid-Cap ETF Stock Performance

The stock has a market capitalization of $106.49 billion, a PE ratio of 21.50 and a beta of 0.99. The company’s fifty day simple moving average is $79.97 and its two-hundred day simple moving average is $76.72.

Hedge Funds Weigh In On Vanguard Mid-Cap ETF

Several hedge funds have recently bought and sold shares of VO. Wells Fargo & Company MN increased its position in Vanguard Mid-Cap ETF by 2.9% during the 4th quarter. Wells Fargo & Company MN now owns 26,968,673 shares of the company’s stock worth $7,826,848,000 after purchasing an additional 763,756 shares in the last quarter. Bank of America Corp DE lifted its holdings in Vanguard Mid-Cap ETF by 3.8% in the 4th quarter. Bank of America Corp DE now owns 18,130,035 shares of the company’s stock valued at $5,261,699,000 after purchasing an additional 670,735 shares in the last quarter. Morgan Stanley lifted its holdings in Vanguard Mid-Cap ETF by 3.2% in the 4th quarter. Morgan Stanley now owns 8,494,623 shares of the company’s stock valued at $2,465,310,000 after purchasing an additional 264,421 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Vanguard Mid-Cap ETF by 6.0% during the 4th quarter. Raymond James Financial Inc. now owns 7,143,783 shares of the company’s stock worth $2,073,269,000 after purchasing an additional 407,014 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard Mid-Cap ETF by 2.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,181,162 shares of the company’s stock worth $1,793,897,000 after purchasing an additional 154,386 shares during the last quarter.

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.