Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Reaches New 1-Year High – Should You Buy?

Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $273.50 and last traded at $273.15, with a volume of 50700 shares traded. The stock had previously closed at $271.29.

Vanguard Mid-Cap Growth ETF Price Performance

The firm has a market cap of $15.36 billion, a P/E ratio of 29.99 and a beta of 1.15. The firm’s 50 day moving average is $253.87 and its 200 day moving average is $239.57.

Institutional Investors Weigh In On Vanguard Mid-Cap Growth ETF

Several hedge funds have recently added to or reduced their stakes in VOT. Planning Capital Management Corp bought a new position in Vanguard Mid-Cap Growth ETF in the 3rd quarter valued at approximately $26,000. Spectrum Wealth Counsel LLC purchased a new position in Vanguard Mid-Cap Growth ETF in the 2nd quarter worth about $32,000. Eastern Bank bought a new position in Vanguard Mid-Cap Growth ETF during the 3rd quarter valued at about $37,000. Legacy Investment Solutions LLC purchased a new stake in shares of Vanguard Mid-Cap Growth ETF during the 3rd quarter valued at about $40,000. Finally, GAMMA Investing LLC purchased a new position in shares of Vanguard Mid-Cap Growth ETF during the third quarter valued at approximately $43,000.

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.