Richards Merrill & Peterson Inc. Makes New $580,000 Investment in Vanguard Mid-Cap ETF $VO

Richards Merrill & Peterson Inc. bought a new stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,393 shares of the company’s stock, valued at approximately $580,000.

Several other hedge funds also recently bought and sold shares of VO. Envestnet Asset Management Inc. increased its stake in Vanguard Mid-Cap ETF by 320.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 24,776,718 shares of the company’s stock worth $1,995,989,000 after buying an additional 18,882,295 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Vanguard Mid-Cap ETF by 2.4% in the first quarter. PNC Financial Services Group Inc. now owns 2,358,867 shares of the company’s stock valued at $677,420,000 after acquiring an additional 54,228 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Vanguard Mid-Cap ETF by 3.0% in the first quarter. Royal Bank of Canada now owns 1,682,612 shares of the company’s stock valued at $483,213,000 after acquiring an additional 48,862 shares in the last quarter. Chicago Partners Investment Group LLC boosted its stake in shares of Vanguard Mid-Cap ETF by 318.2% in the first quarter. Chicago Partners Investment Group LLC now owns 1,616,123 shares of the company’s stock worth $464,118,000 after acquiring an additional 1,229,641 shares during the period. Finally, Allworth Financial LP boosted its stake in shares of Vanguard Mid-Cap ETF by 236.1% in the second quarter. Allworth Financial LP now owns 5,151,020 shares of the company’s stock worth $415,018,000 after acquiring an additional 3,618,496 shares during the period.

Vanguard Mid-Cap ETF Price Performance

Shares of NYSEARCA:VO traded down $0.22 during trading on Monday, hitting $80.18. 1,182,939 shares of the company’s stock were exchanged, compared to its average volume of 2,935,549. Vanguard Mid-Cap ETF has a 52-week low of $69.44 and a 52-week high of $84.59. The business’s 50-day simple moving average is $81.34 and its 200 day simple moving average is $79.49. The company has a market cap of $105.68 billion, a price-to-earnings ratio of 21.50 and a beta of 1.00.

Vanguard Mid-Cap ETF Profile

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.