Vanguard Mid-Cap ETF $VO Stock: Financial Freedom LLC Lowers Position

Financial Freedom LLC lessened its stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 20.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 32,329 shares of the company’s stock after selling 8,338 shares during the period. Vanguard Mid-Cap ETF accounts for about 1.2% of Financial Freedom LLC’s investment portfolio, making the stock its 25th biggest holding. Financial Freedom LLC’s holdings in Vanguard Mid-Cap ETF were worth $2,535,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VO. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Mid-Cap ETF by 320.3% in the second quarter. Envestnet Asset Management Inc. now owns 24,776,718 shares of the company’s stock worth $1,995,989,000 after buying an additional 18,882,295 shares during the period. Commonwealth Equity Services LLC bought a new position in shares of Vanguard Mid-Cap ETF during the 3rd quarter valued at approximately $286,211,000. Allworth Financial LP grew its stake in shares of Vanguard Mid-Cap ETF by 236.1% during the 2nd quarter. Allworth Financial LP now owns 5,151,020 shares of the company’s stock valued at $415,018,000 after acquiring an additional 3,618,496 shares during the period. Joel Isaacson & Co. LLC bought a new position in shares of Vanguard Mid-Cap ETF during the 3rd quarter valued at approximately $154,569,000. Finally, Baird Financial Group Inc. grew its stake in shares of Vanguard Mid-Cap ETF by 298.8% during 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 during the period.

Vanguard Mid-Cap ETF Price Performance

Shares of NYSEARCA VO opened at $81.84 on Friday. The firm has a fifty day moving average price of $80.71 and a 200-day moving average price of $78.57. The stock has a market cap of $107.89 billion, a PE ratio of 20.88 and a beta of 0.99. Vanguard Mid-Cap ETF has a 1 year low of $69.44 and a 1 year high of $84.59.

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.