Grove Bank & Trust Purchases 97,938 Shares of Vanguard Mid-Cap ETF $VO

Grove Bank & Trust raised its position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 399.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 122,447 shares of the company’s stock after purchasing an additional 97,938 shares during the quarter. Vanguard Mid-Cap ETF accounts for about 1.0% of Grove Bank & Trust’s investment portfolio, making the stock its 28th biggest holding. Grove Bank & Trust’s holdings in Vanguard Mid-Cap ETF were worth $9,866,000 at the end of the most recent reporting period.

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

Vanguard Mid-Cap ETF Trading Up 1.4%

Shares of VO opened at $82.89 on Wednesday. The business’s fifty day simple moving average is $80.19 and its two-hundred day simple moving average is $76.87. Vanguard Mid-Cap ETF has a 12 month low of $69.44 and a 12 month high of $83.04. The company has a market cap of $108.99 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99.

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.