Principal Financial Group Inc. Increases Stock Position in Vanguard Mid-Cap ETF $VO

Principal Financial Group Inc. lifted its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 45.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 293,738 shares of the company’s stock after buying an additional 91,406 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Mid-Cap ETF were worth $84,360,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of VO. Wells Fargo & Company MN grew its stake in shares of Vanguard Mid-Cap ETF by 2.9% in the 4th quarter. Wells Fargo & Company MN now owns 26,968,673 shares of the company’s stock worth $7,826,848,000 after buying an additional 763,756 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Vanguard Mid-Cap ETF by 3.8% in the fourth quarter. Bank of America Corp DE now owns 18,130,035 shares of the company’s stock worth $5,261,699,000 after acquiring an additional 670,735 shares during the last quarter. Morgan Stanley grew its stake in shares of Vanguard Mid-Cap ETF by 3.2% in the fourth quarter. Morgan Stanley now owns 8,494,623 shares of the company’s stock worth $2,465,310,000 after acquiring an additional 264,421 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Vanguard Mid-Cap ETF by 6.0% during the fourth quarter. Raymond James Financial Inc. now owns 7,143,783 shares of the company’s stock valued at $2,073,269,000 after acquiring an additional 407,014 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Mid-Cap ETF by 2.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,181,162 shares of the company’s stock worth $1,793,897,000 after purchasing an additional 154,386 shares during the last quarter.

Vanguard Mid-Cap ETF Stock Performance

Shares of VO stock opened at $80.61 on Friday. The company has a market capitalization of $105.99 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99. Vanguard Mid-Cap ETF has a one year low of $69.44 and a one year high of $81.55. The company’s 50-day moving average is $79.26 and its 200 day moving average is $76.23.

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.