Vanguard Extended Market ETF (NYSEARCA:VXF) Sees Large Volume Increase – Still a Buy?

Shares of Vanguard Extended Market ETF (NYSEARCA:VXF) saw strong trading volume on Tuesday . 545,468 shares were traded during mid-day trading, an increase of 41% from the previous session’s volume of 385,562 shares.The stock last traded at $190.55 and had previously closed at $189.29.

Vanguard Extended Market ETF Trading Up 0.7 %

The company’s fifty day simple moving average is $197.38 and its 200 day simple moving average is $184.58. The stock has a market capitalization of $21.07 billion, a P/E ratio of 14.96 and a beta of 1.26.

Hedge Funds Weigh In On Vanguard Extended Market ETF

Institutional investors have recently added to or reduced their stakes in the business. Eagle Capital Management LLC bought a new position in shares of Vanguard Extended Market ETF in the second quarter worth approximately $778,000. Rathbones Group PLC increased its holdings in shares of Vanguard Extended Market ETF by 3.5% in the 2nd quarter. Rathbones Group PLC now owns 2,370 shares of the company’s stock worth $400,000 after buying an additional 80 shares during the last quarter. Moors & Cabot Inc. purchased a new stake in shares of Vanguard Extended Market ETF during the 2nd quarter valued at $311,000. Mercer Global Advisors Inc. ADV grew its position in Vanguard Extended Market ETF by 70.5% in the second quarter. Mercer Global Advisors Inc. ADV now owns 39,208 shares of the company’s stock worth $6,618,000 after acquiring an additional 16,210 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC bought a new position in Vanguard Extended Market ETF in the second quarter valued at $250,000.

About Vanguard Extended Market ETF

Vanguard Extended Market ETF (the Fund) is an exchange-traded share class of Vanguard Extended Market Stock Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the Standard & Poor’s Completion Index (the Index), a diversified index of stocks of small and medium-sized United States companies.