Vanguard Extended Market ETF (NYSEARCA:VXF) Hits New 12-Month High – Should You Buy?

Shares of Vanguard Extended Market ETF (NYSEARCA:VXF) hit a new 52-week high on Monday . The stock traded as high as $243.06 and last traded at $242.36, with a volume of 43228 shares. The stock had previously closed at $238.41.

Vanguard Extended Market ETF Trading Up 1.5%

The firm has a 50-day simple moving average of $226.72 and a two-hundred day simple moving average of $218.09. The company has a market capitalization of $30.26 billion, a price-to-earnings ratio of 19.00 and a beta of 1.13.

Institutional Investors Weigh In On Vanguard Extended Market ETF

Several large investors have recently made changes to their positions in the company. Align Financial LLC bought a new stake in Vanguard Extended Market ETF during the 4th quarter valued at approximately $11,414,000. Mercer Global Advisors Inc. ADV lifted its position in shares of Vanguard Extended Market ETF by 101.7% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 973,220 shares of the company’s stock worth $203,738,000 after acquiring an additional 490,632 shares during the period. Bank of America Corp DE lifted its position in shares of Vanguard Extended Market ETF by 19.7% in the 1st quarter. Bank of America Corp DE now owns 2,254,629 shares of the company’s stock worth $464,003,000 after acquiring an additional 370,713 shares during the period. Morgan Stanley lifted its position in shares of Vanguard Extended Market ETF by 8.1% during the 4th quarter. Morgan Stanley now owns 3,936,464 shares of the company’s stock worth $823,194,000 after buying an additional 293,651 shares during the period. Finally, Nepc LLC lifted its position in shares of Vanguard Extended Market ETF by 68.4% during the 4th quarter. Nepc LLC now owns 626,535 shares of the company’s stock worth $131,021,000 after buying an additional 254,531 shares during the period.

About Vanguard Extended Market ETF

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. The Index contains all of the United States common stocks regularly traded on the New York and American Stock Exchanges, and the Nasdaq over-the-counter market, except those stocks included in the Standard & Poor’s 500 Index.