Frisch Financial Group Inc. Cuts Stock Position in Vanguard Mid-Cap ETF $VO

Frisch Financial Group Inc. cut its stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 49.5% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 18,431 shares of the company’s stock after selling 18,040 shares during the period. Vanguard Mid-Cap ETF comprises about 1.1% of Frisch Financial Group Inc.’s holdings, making the stock its 24th biggest holding. Frisch Financial Group Inc.’s holdings in Vanguard Mid-Cap ETF were worth $5,293,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Wells Fargo & Company MN lifted its stake in Vanguard Mid-Cap ETF by 2.9% in the 4th 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 in the last quarter. Bank of America Corp DE boosted 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 buying an additional 670,735 shares during the last quarter. Morgan Stanley increased its stake in Vanguard Mid-Cap ETF by 3.2% during the 4th quarter. Morgan Stanley now owns 8,494,623 shares of the company’s stock worth $2,465,310,000 after buying an additional 264,421 shares in the last quarter. Raymond James Financial Inc. increased its stake in Vanguard Mid-Cap ETF by 6.0% during the 4th quarter. Raymond James Financial Inc. now owns 7,143,783 shares of the company’s stock worth $2,073,269,000 after buying an additional 407,014 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Mid-Cap ETF by 2.6% during the fourth 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 during the last quarter.

Vanguard Mid-Cap ETF Price Performance

NYSEARCA VO opened at $80.61 on Friday. The company has a market cap of $105.99 billion, a PE ratio of 21.50 and a beta of 0.99. The stock’s 50 day simple moving average is $79.26 and its 200-day simple moving average is $76.23. Vanguard Mid-Cap ETF has a 1-year low of $69.44 and a 1-year high of $81.55.

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.