Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Sets New 52-Week High – What’s Next?

Shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) reached a new 52-week high on Wednesday . The company traded as high as $309.70 and last traded at $309.13, with a volume of 16945 shares trading hands. The stock had previously closed at $307.16.

Vanguard Mid-Cap Growth ETF Stock Up 0.0%

The company’s 50 day moving average price is $299.18 and its two-hundred day moving average price is $284.20. The firm has a market cap of $19.97 billion, a PE ratio of 31.98 and a beta of 1.16.

Institutional Trading of Vanguard Mid-Cap Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VOT. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Vanguard Mid-Cap Growth ETF in the first quarter worth about $28,000. Acumen Wealth Advisors LLC purchased a new stake in shares of Vanguard Mid-Cap Growth ETF in the fourth quarter worth approximately $29,000. Wellington Grp LLC lifted its stake in shares of Vanguard Mid-Cap Growth ETF by 87.0% during the 1st quarter. Wellington Grp LLC now owns 129 shares of the company’s stock worth $33,000 after acquiring an additional 60 shares during the last quarter. Entrust Financial LLC purchased a new position in Vanguard Mid-Cap Growth ETF during the 4th quarter valued at $46,000. Finally, Birchbrook Inc. bought a new position in Vanguard Mid-Cap Growth ETF in the 4th quarter valued at $51,000.

About Vanguard Mid-Cap Growth ETF

Vanguard Mid-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Mid-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Mid Cap Growth Index (the Index). The Index is a diversified index of growth stocks of medium-size United States companies. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.