The stock of VANGUARD SP 500 INDEX ETF (TSE:VFV) reached all time high today, Nov, 9 and still has $64.46 target or 25.00% above today’s $51.57 share price. This indicates more upside for the $847.88 million company. This technical setup was reported by Barchart.com. If the $64.46 PT is reached, the company will be worth $211.97 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 119,731 shares traded hands or 411.71% up from the average. VANGUARD SP 500 INDEX ETF (TSE:VFV) has risen 6.19% since April 5, 2016 and is uptrending. It has outperformed by 1.41% the S&P500.
More recent VANGUARD SP 500 INDEX ETF (TSE:VFV) news were published by: Time.com which released: “Is Vanguard 500 Index Fund Still Worth Owning?” on August 03, 2016. Also Seekingalpha.com published the news titled: “Your S&P 500 Index Fund Should Be A Mutual Fund, Not An ETF” on March 22, 2016. Fool.com‘s news article titled: “ETF vs. Index Fund: Which Is Best for You?” with publication date: August 26, 2016 was also an interesting one.