Smithbridge Asset Management Inc. DE Purchases New Stake in Vanguard Mid-Cap ETF $VO

Smithbridge Asset Management Inc. DE purchased a new position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 6,533 shares of the company’s stock, valued at approximately $1,876,000.

A number of other large investors have also bought and sold shares of VO. Wells Fargo & Company MN increased its holdings in Vanguard Mid-Cap ETF by 2.9% in the 4th quarter. Wells Fargo & Company MN now owns 26,968,673 shares of the company’s stock worth $7,826,848,000 after acquiring an additional 763,756 shares during the last quarter. Bank of America Corp DE lifted its holdings in Vanguard Mid-Cap ETF by 3.8% during the fourth quarter. Bank of America Corp DE now owns 18,130,035 shares of the company’s stock valued at $5,261,699,000 after purchasing an additional 670,735 shares during the last quarter. Morgan Stanley lifted its holdings in Vanguard Mid-Cap ETF by 3.2% during the fourth quarter. Morgan Stanley now owns 8,494,623 shares of the company’s stock valued at $2,465,310,000 after purchasing an additional 264,421 shares during the last quarter. Raymond James Financial Inc. boosted its position in Vanguard Mid-Cap ETF by 6.0% during the fourth quarter. Raymond James Financial Inc. now owns 7,143,783 shares of the company’s stock worth $2,073,269,000 after purchasing an additional 407,014 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Vanguard Mid-Cap ETF by 2.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,181,162 shares of the company’s stock worth $1,793,897,000 after purchasing an additional 154,386 shares during the period.

Vanguard Mid-Cap ETF Stock Down 0.2%

VO opened at $80.40 on Thursday. The company has a market capitalization of $104.95 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99. The firm has a 50-day moving average price of $78.43 and a 200-day moving average price of $75.67. Vanguard Mid-Cap ETF has a twelve month low of $69.36 and a twelve month high of $81.55.

About Vanguard Mid-Cap ETF

Vanguard Mid-Cap ETF is an exchange-traded fund. Vanguard Mid-Cap Index Fund seeks to track the performance of the MSCI US Mid Cap 450 Index representing medium-size United States firms. The portfolio holds all stocks in the same capitalization weighting as the index. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.