Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sees Strong Trading Volume – Should You Buy?

Shares of Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) saw unusually-high trading volume on Thursday . Approximately 103,103 shares were traded during trading, an increase of 39% from the previous session’s volume of 74,131 shares.The stock last traded at $95.28 and had previously closed at $100.87.

Vanguard S&P Mid-Cap 400 ETF Trading Down 5.4 %

The firm has a market cap of $2.30 billion, a PE ratio of 18.27 and a beta of 1.14. The firm has a fifty day simple moving average of $104.47 and a two-hundred day simple moving average of $106.81.

Vanguard S&P Mid-Cap 400 ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.3464 dividend. The ex-dividend date was Tuesday, March 25th.

Institutional Investors Weigh In On Vanguard S&P Mid-Cap 400 ETF

Large investors have recently modified their holdings of the stock. Edge Financial Advisors LLC grew its stake in Vanguard S&P Mid-Cap 400 ETF by 0.7% in the fourth quarter. Edge Financial Advisors LLC now owns 16,112 shares of the company’s stock worth $1,700,000 after purchasing an additional 114 shares during the period. Thoroughbred Financial Services LLC grew its position in shares of Vanguard S&P Mid-Cap 400 ETF by 3.4% in the 4th quarter. Thoroughbred Financial Services LLC now owns 3,531 shares of the company’s stock worth $372,000 after buying an additional 117 shares during the period. TD Private Client Wealth LLC increased its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 6.2% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,879 shares of the company’s stock worth $304,000 after acquiring an additional 167 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Vanguard S&P Mid-Cap 400 ETF by 58.3% during the 4th quarter. Jones Financial Companies Lllp now owns 475 shares of the company’s stock valued at $50,000 after acquiring an additional 175 shares during the period. Finally, Crestwood Advisors Group LLC lifted its position in Vanguard S&P Mid-Cap 400 ETF by 7.1% during the 4th quarter. Crestwood Advisors Group LLC now owns 3,215 shares of the company’s stock valued at $339,000 after acquiring an additional 212 shares during the period.

About Vanguard S&P Mid-Cap 400 ETF

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.