Vanguard Mid-Cap ETF $VO Shares Sold by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC decreased its stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 1.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 595,354 shares of the company’s stock after selling 8,092 shares during the period. Vanguard Mid-Cap ETF comprises approximately 1.7% of Beacon Pointe Advisors LLC’s portfolio, making the stock its 7th biggest holding. Beacon Pointe Advisors LLC’s holdings in Vanguard Mid-Cap ETF were worth $166,598,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. IMA Advisory Services Inc. grew its position in Vanguard Mid-Cap ETF by 79.6% in the 2nd quarter. IMA Advisory Services Inc. now owns 88 shares of the company’s stock worth $25,000 after purchasing an additional 39 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV raised its position in shares of Vanguard Mid-Cap ETF by 900.0% during the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 100 shares of the company’s stock valued at $28,000 after buying an additional 90 shares during the last quarter. Joseph Group Capital Management bought a new stake in shares of Vanguard Mid-Cap ETF in the second quarter valued at about $28,000. Headlands Technologies LLC acquired a new stake in Vanguard Mid-Cap ETF during the first quarter worth about $27,000. Finally, Ballast Advisors LLC bought a new position in Vanguard Mid-Cap ETF during the second quarter valued at about $34,000.

Vanguard Mid-Cap ETF Stock Down 0.7%

Shares of VO opened at $290.07 on Tuesday. The stock’s 50-day moving average price is $290.21 and its 200 day moving average price is $284.80. The firm has a market capitalization of $88.77 billion, a price-to-earnings ratio of 21.50 and a beta of 1.04. Vanguard Mid-Cap ETF has a 12-month low of $223.65 and a 12-month high of $296.87.

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.