Vanguard Mid-Cap ETF (NYSEARCA:VO) Sets New 1-Year Low – Time to Sell?

Shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) reached a new 52-week low during trading on Friday . The company traded as low as $233.61 and last traded at $236.78, with a volume of 1813097 shares traded. The stock had previously closed at $249.18.

Vanguard Mid-Cap ETF Stock Performance

The stock’s 50 day simple moving average is $266.76 and its 200-day simple moving average is $269.11. The firm has a market cap of $232.40 billion, a price-to-earnings ratio of 21.62 and a beta of 1.11.

Vanguard Mid-Cap ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $1.1671 dividend. This is an increase from Vanguard Mid-Cap ETF’s previous dividend of $0.93. The ex-dividend date was Thursday, March 27th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Mid-Cap ETF in the fourth quarter worth about $1,601,053,000. Jones Financial Companies Lllp boosted its position in Vanguard Mid-Cap ETF by 20.5% in the 4th quarter. Jones Financial Companies Lllp now owns 17,440,379 shares of the company’s stock worth $4,606,527,000 after purchasing an additional 2,965,961 shares in the last quarter. Choate Investment Advisors grew its stake in shares of Vanguard Mid-Cap ETF by 7,038.2% during the 4th quarter. Choate Investment Advisors now owns 428,294 shares of the company’s stock worth $113,125,000 after purchasing an additional 422,294 shares during the period. Strategic Financial Concepts LLC increased its holdings in shares of Vanguard Mid-Cap ETF by 26,575.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 293,160 shares of the company’s stock valued at $77,432,000 after purchasing an additional 292,061 shares in the last quarter. Finally, Natixis Advisors LLC lifted its stake in shares of Vanguard Mid-Cap ETF by 12.1% in the 4th quarter. Natixis Advisors LLC now owns 2,180,997 shares of the company’s stock valued at $576,067,000 after purchasing an additional 236,111 shares during the period.

Vanguard Mid-Cap ETF Company Profile

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.