Vanguard S&P Small-Cap 600 ETF (NYSEARCA:VIOO) Hits New 12-Month High – Still a Buy?

Vanguard S&P Small-Cap 600 ETF (NYSEARCA:VIOO)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $114.47 and last traded at $114.00, with a volume of 61397 shares. The stock had previously closed at $108.66.

Vanguard S&P Small-Cap 600 ETF Stock Up 0.6 %

The company has a market capitalization of $3.01 billion, a price-to-earnings ratio of 6.18 and a beta of 1.18. The business’s 50-day moving average is $106.86 and its 200-day moving average is $103.01.

Hedge Funds Weigh In On Vanguard S&P Small-Cap 600 ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Sound Income Strategies LLC purchased a new position in Vanguard S&P Small-Cap 600 ETF during the third quarter valued at approximately $30,000. Private Ocean LLC purchased a new position in shares of Vanguard S&P Small-Cap 600 ETF during the 2nd quarter valued at approximately $44,000. Mather Group LLC. acquired a new position in shares of Vanguard S&P Small-Cap 600 ETF in the 2nd quarter valued at $47,000. International Assets Investment Management LLC purchased a new stake in Vanguard S&P Small-Cap 600 ETF during the second quarter worth $60,000. Finally, Assetmark Inc. grew its position in Vanguard S&P Small-Cap 600 ETF by 20.3% during the third quarter. Assetmark Inc. now owns 616 shares of the company’s stock valued at $67,000 after buying an additional 104 shares during the period.

About Vanguard S&P Small-Cap 600 ETF

The Vanguard S&P Small-Cap 600 ETF (VIOO) is an exchange-traded fund that is based on the S&P Small Cap 600 index, a market-cap-weighted index of 600 small-cap US stocks selected by an S&P Committee. VIOO was launched on Sep 7, 2010 and is managed by Vanguard.