Vanguard Mid-Cap ETF (NYSEARCA:VO) Sees Strong Trading Volume – What’s Next?

Vanguard Mid-Cap ETF (NYSEARCA:VO – Get Free Report) shares saw strong trading volume on Friday. 5,162,467 shares changed hands during trading, an increase of 75% from the average daily volume of 2,955,271 shares. The stock last traded at $79.4350 and had previously closed at $79.49.

Vanguard Mid-Cap ETF Price Performance

The stock’s fifty day simple moving average is $80.79 and its 200-day simple moving average is $78.36. The firm has a market cap of $104.79 billion, a PE ratio of 21.50 and a beta of 0.99.

Institutional Trading of Vanguard Mid-Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VO. Envestnet Asset Management Inc. increased its stake in Vanguard Mid-Cap ETF by 320.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 24,776,718 shares of the company’s stock valued at $1,995,989,000 after buying an additional 18,882,295 shares during the period. Commonwealth Equity Services LLC bought a new stake in shares of Vanguard Mid-Cap ETF during the 3rd quarter worth about $286,211,000. Allworth Financial LP lifted its stake in shares of Vanguard Mid-Cap ETF by 236.1% in the 2nd quarter. Allworth Financial LP now owns 5,151,020 shares of the company’s stock worth $415,018,000 after acquiring an additional 3,618,496 shares during the period. Joel Isaacson & Co. LLC acquired a new stake in shares of Vanguard Mid-Cap ETF in the 3rd quarter worth approximately $154,569,000. Finally, Baird Financial Group Inc. lifted its stake in shares of Vanguard Mid-Cap ETF by 298.8% in the 2nd quarter. Baird Financial Group Inc. now owns 2,499,328 shares of the company’s stock worth $201,371,000 after acquiring an additional 1,872,643 shares during the period.

About Vanguard Mid-Cap ETF

(Get Free Report)

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.

Further Reading

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