Summit Investment Advisory Services LLC Makes New $1.01 Million Investment in Vanguard Mid-Cap ETF $VO

Summit Investment Advisory Services LLC acquired a new stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,595 shares of the company’s stock, valued at approximately $1,006,000. Vanguard Mid-Cap ETF accounts for approximately 0.4% of Summit Investment Advisory Services LLC’s investment portfolio, making the stock its 25th largest position.

Other institutional investors have also recently modified their holdings of the company. Stablepoint Partners LLC raised its holdings in shares of Vanguard Mid-Cap ETF by 4.1% during the third quarter. Stablepoint Partners LLC now owns 7,781 shares of the company’s stock worth $2,286,000 after purchasing an additional 304 shares during the last quarter. Investment Advisory Group LLC raised its position in Vanguard Mid-Cap ETF by 13.3% during the third quarter. Investment Advisory Group LLC now owns 3,010 shares of the company’s stock valued at $884,000 after acquiring an additional 354 shares in the last quarter. Wealthspan Partners LLC boosted its position in Vanguard Mid-Cap ETF by 37.1% in the 3rd quarter. Wealthspan Partners LLC now owns 15,875 shares of the company’s stock worth $4,663,000 after purchasing an additional 4,292 shares in the last quarter. Barlow Wealth Partners Inc. acquired a new stake in shares of Vanguard Mid-Cap ETF during the 3rd quarter worth approximately $223,000. Finally, Stonegate Investment Group LLC increased its holdings in shares of Vanguard Mid-Cap ETF by 5.6% during the 3rd quarter. Stonegate Investment Group LLC now owns 13,280 shares of the company’s stock valued at $3,901,000 after purchasing an additional 703 shares in the last quarter.

Vanguard Mid-Cap ETF Price Performance

VO opened at $300.21 on Wednesday. The firm has a fifty day moving average price of $293.77 and a 200 day moving average price of $290.73. Vanguard Mid-Cap ETF has a 1 year low of $223.65 and a 1 year high of $302.54. The stock has a market cap of $94.34 billion, a P/E ratio of 21.50 and a beta of 1.04.

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.