New Century Financial Group LLC Sells 3,306 Shares of Vanguard Mid-Cap ETF $VO

New Century Financial Group LLC lowered its position in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 40.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,882 shares of the company’s stock after selling 3,306 shares during the period. Vanguard Mid-Cap ETF accounts for about 1.6% of New Century Financial Group LLC’s holdings, making the stock its 18th biggest position. New Century Financial Group LLC’s holdings in Vanguard Mid-Cap ETF were worth $1,366,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in shares of Vanguard Mid-Cap ETF during the first quarter worth approximately $27,000. First Pacific Financial bought a new stake in Vanguard Mid-Cap ETF during the 1st quarter valued at $34,000. Arjuna Capital acquired a new position in Vanguard Mid-Cap ETF during the first quarter worth $36,000. Signature Resources Capital Management LLC raised its holdings in Vanguard Mid-Cap ETF by 83.8% during the first quarter. Signature Resources Capital Management LLC now owns 147 shares of the company’s stock worth $38,000 after buying an additional 67 shares during the last quarter. Finally, Atlantic Private Wealth LLC bought a new position in shares of Vanguard Mid-Cap ETF in the first quarter valued at $40,000.

Vanguard Mid-Cap ETF Price Performance

Shares of NYSEARCA VO opened at $294.53 on Friday. The company has a 50-day moving average price of $288.88 and a 200-day moving average price of $273.77. The stock has a market capitalization of $87.88 billion, a P/E ratio of 21.50 and a beta of 1.08. Vanguard Mid-Cap ETF has a 1 year low of $223.65 and a 1 year high of $294.58.

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.