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

Vanguard Mid-Cap ETF (NYSEARCA:VO) shares saw strong trading volume on Thursday . 741,950 shares changed hands during mid-day trading, an increase of 33% from the previous session’s volume of 559,857 shares.The stock last traded at $264.36 and had previously closed at $265.83.

Vanguard Mid-Cap ETF Trading Down 0.0 %

The stock’s fifty day moving average price is $261.32 and its two-hundred day moving average price is $250.41. The firm has a market capitalization of $67.92 billion, a price-to-earnings ratio of 19.64 and a beta of 0.98.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of VO. Fairfield Financial Advisors LTD purchased a new position in Vanguard Mid-Cap ETF during the 2nd quarter worth $26,000. ESL Trust Services LLC acquired a new stake in shares of Vanguard Mid-Cap ETF in the 1st quarter worth $32,000. Redmont Wealth Advisors LLC lifted its stake in shares of Vanguard Mid-Cap ETF by 147.8% in the third quarter. Redmont Wealth Advisors LLC now owns 166 shares of the company’s stock valued at $44,000 after purchasing an additional 99 shares during the period. Pathway Financial Advisers LLC acquired a new stake in shares of Vanguard Mid-Cap ETF in the first quarter valued at about $44,000. Finally, LRI Investments LLC acquired a new stake in shares of Vanguard Mid-Cap ETF in the first quarter valued at about $45,000.

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.