Peoples Financial Services CORP. Makes New $2.67 Million Investment in Vanguard Mid-Cap ETF $VO

Peoples Financial Services CORP. bought a new position in Vanguard Mid-Cap ETF (NYSEARCA:VO) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 34,029 shares of the company’s stock, valued at approximately $2,669,000. Vanguard Mid-Cap ETF comprises 1.1% of Peoples Financial Services CORP.’s holdings, making the stock its 27th biggest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Greenhouse Wealth Management LLC raised its position in Vanguard Mid-Cap ETF by 6.6% during the third quarter. Greenhouse Wealth Management LLC now owns 14,600 shares of the company’s stock worth $1,145,000 after acquiring an additional 908 shares during the period. Willis Investment Counsel purchased a new stake in Vanguard Mid-Cap ETF during the 3rd quarter valued at about $805,000. Investors Asset Management of Georgia Inc. GA ADV purchased a new stake in Vanguard Mid-Cap ETF during the 3rd quarter valued at about $1,226,000. Ballast Inc. grew its stake in Vanguard Mid-Cap ETF by 3.5% during the 3rd quarter. Ballast Inc. now owns 638,772 shares of the company’s stock valued at $50,092,000 after acquiring an additional 21,822 shares in the last quarter. Finally, Focused Alpha LLC raised its holdings in Vanguard Mid-Cap ETF by 4.8% in the 3rd quarter. Focused Alpha LLC now owns 11,473 shares of the company’s stock valued at $900,000 after acquiring an additional 523 shares during the last quarter.

Vanguard Mid-Cap ETF Stock Performance

Shares of VO stock traded up $0.65 during trading hours on Tuesday, reaching $80.73. The company had a trading volume of 1,695,957 shares, compared to its average volume of 2,933,213. Vanguard Mid-Cap ETF has a 12-month low of $69.44 and a 12-month high of $84.59. The stock has a fifty day moving average of $81.29 and a 200-day moving average of $79.55. The company has a market capitalization of $106.42 billion, a price-to-earnings ratio of 21.50 and a beta of 1.00.

Vanguard Mid-Cap ETF 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.