Vanguard Extended Market ETF (NYSEARCA:VXF) Sets New 1-Year High – Time to Buy?

Vanguard Extended Market ETF (NYSEARCA:VXF) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $215.09 and last traded at $214.35, with a volume of 36727 shares changing hands. The stock had previously closed at $211.63.

Vanguard Extended Market ETF Stock Performance

The company has a 50 day simple moving average of $208.42 and a 200 day simple moving average of $193.60. The company has a market capitalization of $24.93 billion, a PE ratio of 19.00 and a beta of 1.19.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Wealthfront Advisers LLC boosted its stake in Vanguard Extended Market ETF by 4.4% during the 2nd quarter. Wealthfront Advisers LLC now owns 3,283,604 shares of the company’s stock worth $632,783,000 after purchasing an additional 139,716 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Extended Market ETF by 7.2% in the second quarter. Envestnet Asset Management Inc. now owns 2,933,498 shares of the company’s stock worth $565,314,000 after buying an additional 197,672 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Vanguard Extended Market ETF by 152.6% in the first quarter. Royal Bank of Canada now owns 2,081,104 shares of the company’s stock worth $358,491,000 after buying an additional 1,257,230 shares in the last quarter. Bank of America Corp DE boosted its position in Vanguard Extended Market ETF by 1.8% during the second quarter. Bank of America Corp DE now owns 1,706,040 shares of the company’s stock worth $328,771,000 after acquiring an additional 30,352 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its position in Vanguard Extended Market ETF by 2.9% during the second quarter. Wealthspire Advisors LLC now owns 1,628,860 shares of the company’s stock worth $313,897,000 after acquiring an additional 45,828 shares during the last quarter.

Vanguard Extended Market ETF Company Profile

Vanguard Extended Market ETF (the Fund) is an exchange-traded share class of Vanguard Extended Market Stock Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the Standard & Poor’s Completion Index (the Index), a diversified index of stocks of small and medium-sized United States companies.