Pinnacle Wealth Management Group Inc. Buys Shares of 18,320 Vanguard Mid-Cap ETF $VO

Pinnacle Wealth Management Group Inc. acquired a new position in Vanguard Mid-Cap ETF (NYSEARCA:VO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 18,320 shares of the company’s stock, valued at approximately $5,381,000. Vanguard Mid-Cap ETF comprises about 2.8% of Pinnacle Wealth Management Group Inc.’s holdings, making the stock its 12th biggest holding.

Several other large investors also recently added to or reduced their stakes in VO. Naviter Wealth LLC boosted its stake in shares of Vanguard Mid-Cap ETF by 2.9% during the 2nd quarter. Naviter Wealth LLC now owns 1,286 shares of the company’s stock worth $361,000 after acquiring an additional 36 shares during the last quarter. J2 Capital Management Inc increased its stake in shares of Vanguard Mid-Cap ETF by 1.5% in the 2nd quarter. J2 Capital Management Inc now owns 2,556 shares of the company’s stock worth $715,000 after purchasing an additional 37 shares in the last quarter. Lathrop Investment Management Co. raised its holdings in Vanguard Mid-Cap ETF by 3.7% in the 2nd quarter. Lathrop Investment Management Co. now owns 1,030 shares of the company’s stock worth $288,000 after purchasing an additional 37 shares during the period. Hantz Financial Services Inc. lifted its position in Vanguard Mid-Cap ETF by 6.7% during the second quarter. Hantz Financial Services Inc. now owns 586 shares of the company’s stock valued at $164,000 after purchasing an additional 37 shares in the last quarter. Finally, Comprehensive Financial Planning Inc. PA lifted its position in Vanguard Mid-Cap ETF by 1.2% during the second quarter. Comprehensive Financial Planning Inc. PA now owns 3,050 shares of the company’s stock valued at $853,000 after purchasing an additional 37 shares in the last quarter.

Vanguard Mid-Cap ETF Stock Down 0.5%

Shares of VO opened at $290.90 on Thursday. The business has a 50-day simple moving average of $290.13 and a two-hundred day simple moving average of $286.63. The stock has a market cap of $89.02 billion, a price-to-earnings ratio of 21.50 and a beta of 1.04. Vanguard Mid-Cap ETF has a 52 week low of $223.65 and a 52 week high of $298.64.

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.