Nearly every parent has heard the question from a child on a long road trip: "Are we there yet?" Similarly, many investors have wondered over the last year or so if the S&P 500 was in a new bull market yet. We now have an official answer after the index reached a new all-time high: Yes, the S&P is in a new bull market.

Although the ebbs and flows of the market aren't the most important things investors should pay attention to, many might be wondering what they should do now. Here's one idea to consider: It might be time to buy this magnificent exchange-traded fund (ETF) hand over fist.

Vanguard is one of the biggest fund managers in the world. Six of its ETFs rank among the top 10 largest based on assets under management. The Vanguard Small-Cap Value ETF (NYSEMKT: VBR) isn't one of them, but I wouldn't go so far as saying that it's a hidden gem. The ETF had over $52 billion in net assets as of the end of 2023.

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Source Fool.com