Vanguard Mid-Cap ETF (NYSEARCA:VO) Sees Strong Trading Volume – Here’s Why

Vanguard Mid-Cap ETF (NYSEARCA:VO) saw unusually-strong trading volume on Friday . Approximately 592,981 shares traded hands during mid-day trading, a decline of 32% from the previous session’s volume of 869,195 shares.The stock last traded at $304.8520 and had previously closed at $303.10.

Vanguard Mid-Cap ETF Stock Performance

The company has a market capitalization of $95.17 billion, a price-to-earnings ratio of 21.50 and a beta of 1.04. The company has a fifty day simple moving average of $297.36 and a two-hundred day simple moving average of $292.40.

Institutional Trading of Vanguard Mid-Cap ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Compass Wealth Management LLC acquired a new stake in Vanguard Mid-Cap ETF in the 3rd quarter worth about $12,578,000. Fiduciary Wealth Partners LLC increased its holdings in shares of Vanguard Mid-Cap ETF by 45.6% during the second quarter. Fiduciary Wealth Partners LLC now owns 35,633 shares of the company’s stock worth $9,971,000 after purchasing an additional 11,162 shares during the period. First Horizon Corp acquired a new stake in shares of Vanguard Mid-Cap ETF in the third quarter valued at approximately $4,620,000. Cerity Partners LLC raised its position in shares of Vanguard Mid-Cap ETF by 2.3% in the third quarter. Cerity Partners LLC now owns 943,047 shares of the company’s stock valued at $276,758,000 after buying an additional 21,575 shares in the last quarter. Finally, LexAurum Advisors LLC boosted its stake in shares of Vanguard Mid-Cap ETF by 30.4% in the third quarter. LexAurum Advisors LLC now owns 12,530 shares of the company’s stock valued at $3,681,000 after buying an additional 2,919 shares during the period.

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.