Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) Sees Strong Trading Volume – Here’s What Happened

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) saw unusually-strong trading volume on Thursday . Approximately 103,103 shares traded hands 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 Stock Performance

The stock has a market capitalization of $2.16 billion, a P/E ratio of 18.27 and a beta of 1.14. The firm has a fifty day moving average price of $103.70 and a two-hundred day moving average price of $106.62.

Vanguard S&P Mid-Cap 400 ETF Cuts Dividend

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

Institutional Trading of Vanguard S&P Mid-Cap 400 ETF

Hedge funds have recently bought and sold shares of the stock. Mascagni Wealth Management Inc. purchased a new position in shares of Vanguard S&P Mid-Cap 400 ETF during the 4th quarter valued at about $378,000. SpringVest Wealth Management LLC purchased a new position in Vanguard S&P Mid-Cap 400 ETF during the fourth quarter valued at approximately $2,437,000. Menard Financial Group LLC bought a new position in shares of Vanguard S&P Mid-Cap 400 ETF in the fourth quarter worth approximately $51,000. Brooklyn FI LLC bought a new position in shares of Vanguard S&P Mid-Cap 400 ETF in the fourth quarter worth approximately $2,431,000. Finally, Ameriflex Group Inc. purchased a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the fourth quarter worth $31,000.

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.