Droms Strauss Advisors Inc. MO ADV Buys New Position in Vanguard Mid-Cap ETF $VO

Droms Strauss Advisors Inc. MO ADV bought a new position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 13,973 shares of the company’s stock, valued at approximately $1,096,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its position in Vanguard Mid-Cap ETF by 320.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 24,776,718 shares of the company’s stock worth $1,995,989,000 after acquiring an additional 18,882,295 shares during the period. Commonwealth Equity Services LLC purchased a new stake in Vanguard Mid-Cap ETF during the third quarter worth $286,211,000. Allworth Financial LP grew its position in Vanguard Mid-Cap ETF by 236.1% during the second quarter. Allworth Financial LP now owns 5,151,020 shares of the company’s stock valued at $415,018,000 after buying an additional 3,618,496 shares during the period. Baird Financial Group Inc. increased its holdings in Vanguard Mid-Cap ETF by 298.8% in the second quarter. Baird Financial Group Inc. now owns 2,499,328 shares of the company’s stock valued at $201,371,000 after buying an additional 1,872,643 shares in the last quarter. Finally, Chicago Partners Investment Group LLC acquired a new position in shares of Vanguard Mid-Cap ETF in the third quarter worth about $142,652,000.

Vanguard Mid-Cap ETF Stock Down 0.1%

Shares of VO stock traded down $0.11 during trading hours on Friday, hitting $79.38. 10,169,508 shares of the company’s stock were exchanged, compared to its average volume of 3,000,656. The firm has a market cap of $104.65 billion, a P/E ratio of 21.50 and a beta of 0.99. The firm has a 50 day moving average of $80.72 and a two-hundred day moving average of $78.39. Vanguard Mid-Cap ETF has a fifty-two week low of $69.44 and a fifty-two week high of $84.59.

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.