Vanguard Extended Market ETF (NYSEARCA:VXF) Reaches New 52-Week High – Still a Buy?

Vanguard Extended Market ETF (NYSEARCA:VXF) shares reached a new 52-week high on Tuesday . The stock traded as high as $247.98 and last traded at $247.98, with a volume of 25424 shares. The stock had previously closed at $246.45.

Vanguard Extended Market ETF Stock Up 0.7%

The stock has a market capitalization of $31.92 billion, a price-to-earnings ratio of 19.00 and a beta of 1.13. The business’s 50 day simple moving average is $240.14 and its 200-day simple moving average is $226.19.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VXF. Align Financial LLC bought a new position in Vanguard Extended Market ETF in the 4th quarter valued at approximately $11,414,000. Bank of America Corp DE grew its stake in shares of Vanguard Extended Market ETF by 19.7% during the first quarter. Bank of America Corp DE now owns 2,254,629 shares of the company’s stock worth $464,003,000 after buying an additional 370,713 shares during the last quarter. Morgan Stanley grew its stake in shares of Vanguard Extended Market ETF by 8.1% during the fourth quarter. Morgan Stanley now owns 3,936,464 shares of the company’s stock worth $823,194,000 after buying an additional 293,651 shares during the last quarter. Nepc LLC increased its holdings in shares of Vanguard Extended Market ETF by 68.4% during the fourth quarter. Nepc LLC now owns 626,535 shares of the company’s stock worth $131,021,000 after buying an additional 254,531 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Vanguard Extended Market ETF by 24.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 1,213,006 shares of the company’s stock worth $253,421,000 after buying an additional 239,786 shares in the last quarter.

Vanguard Extended Market ETF Company Profile

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. The Index contains all of the United States common stocks regularly traded on the New York and American Stock Exchanges, and the Nasdaq over-the-counter market, except those stocks included in the Standard & Poor’s 500 Index.