Founders Financial Securities LLC Increases Position in Vanguard Mid-Cap ETF $VO

Founders Financial Securities LLC boosted its stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 20.2% during the 3rd quarter, Holdings Channel reports. The firm owned 124,176 shares of the company’s stock after buying an additional 20,871 shares during the quarter. Vanguard Mid-Cap ETF makes up about 2.5% of Founders Financial Securities LLC’s holdings, making the stock its 3rd biggest position. Founders Financial Securities LLC’s holdings in Vanguard Mid-Cap ETF were worth $36,475,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. IMA Advisory Services Inc. lifted its position in shares of Vanguard Mid-Cap ETF by 79.6% in the second quarter. IMA Advisory Services Inc. now owns 88 shares of the company’s stock worth $25,000 after buying an additional 39 shares in the last quarter. Beacon Capital Management Inc. purchased a new position in Vanguard Mid-Cap ETF during the 2nd quarter valued at approximately $26,000. Woodard & Co. Asset Management Group Inc. ADV grew its holdings in Vanguard Mid-Cap ETF by 900.0% during the 2nd 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 in the last quarter. Joseph Group Capital Management bought a new stake in Vanguard Mid-Cap ETF in the 2nd quarter worth approximately $28,000. Finally, Clarity Asset Management Inc. bought a new stake in Vanguard Mid-Cap ETF in the 2nd quarter worth approximately $31,000.

Vanguard Mid-Cap ETF Stock Performance

NYSEARCA VO opened at $293.56 on Wednesday. The company has a market capitalization of $89.84 billion, a P/E ratio of 21.50 and a beta of 1.04. Vanguard Mid-Cap ETF has a one year low of $223.65 and a one year high of $298.64. The stock has a 50 day moving average price of $290.37 and a 200-day moving average price of $287.31.

Vanguard Mid-Cap ETF Company 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.