M Holdings Securities Inc. Makes New Investment in Vanguard Mid-Cap ETF $VO

M Holdings Securities Inc. acquired a new stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 31,214 shares of the company’s stock, valued at approximately $2,515,000.

A number of other hedge funds have also recently made changes to their positions in the business. Envestnet Asset Management Inc. increased its position in shares of Vanguard Mid-Cap ETF by 320.3% during the second 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 in the last quarter. Allworth Financial LP raised its holdings in shares of Vanguard Mid-Cap ETF by 236.1% in the 2nd quarter. Allworth Financial LP now owns 5,151,020 shares of the company’s stock worth $415,018,000 after acquiring an additional 3,618,496 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in Vanguard Mid-Cap ETF in the 3rd quarter valued at about $286,211,000. Baird Financial Group Inc. lifted its position in Vanguard Mid-Cap ETF by 298.8% in the 2nd quarter. Baird Financial Group Inc. now owns 2,499,328 shares of the company’s stock valued at $201,371,000 after acquiring an additional 1,872,643 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in Vanguard Mid-Cap ETF by 2.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,358,867 shares of the company’s stock valued at $677,420,000 after acquiring an additional 54,228 shares in the last quarter.

Vanguard Mid-Cap ETF Stock Performance

VO stock opened at $79.38 on Monday. The company has a market capitalization of $104.65 billion, a P/E ratio of 21.50 and a beta of 0.99. Vanguard Mid-Cap ETF has a 52-week low of $69.44 and a 52-week high of $84.59. The business has a 50-day simple moving average of $80.72 and a two-hundred day simple moving average of $78.39.

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.