Kwmg LLC Makes New Investment in Vanguard Mid-Cap ETF $VO

Kwmg LLC bought a new stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,556 shares of the company’s stock, valued at approximately $1,063,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its stake in Vanguard Mid-Cap ETF by 2.9% during the 4th quarter. Wells Fargo & Company MN now owns 26,968,673 shares of the company’s stock valued at $7,826,848,000 after purchasing an additional 763,756 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings 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 valued at $1,995,989,000 after purchasing an additional 18,882,295 shares during the period. Allworth Financial LP raised its stake in shares of Vanguard Mid-Cap ETF by 236.1% in the second quarter. Allworth Financial LP now owns 5,151,020 shares of the company’s stock worth $415,018,000 after purchasing an additional 3,618,496 shares during the last quarter. Baird Financial Group Inc. raised its stake in shares of Vanguard Mid-Cap ETF by 298.8% in the second quarter. Baird Financial Group Inc. now owns 2,499,328 shares of the company’s stock worth $201,371,000 after purchasing an additional 1,872,643 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Vanguard Mid-Cap ETF by 2.4% during the first quarter. PNC Financial Services Group Inc. now owns 2,358,867 shares of the company’s stock worth $677,420,000 after purchasing an additional 54,228 shares during the period.

Vanguard Mid-Cap ETF Stock Down 0.8%

Shares of Vanguard Mid-Cap ETF stock traded down $0.65 on Wednesday, reaching $80.33. 1,783,280 shares of the stock were exchanged, compared to its average volume of 2,960,172. Vanguard Mid-Cap ETF has a twelve month low of $69.44 and a twelve month high of $84.59. The business has a 50 day moving average price of $81.53 and a two-hundred day moving average price of $78.99. The firm has a market capitalization of $105.89 billion, a price-to-earnings ratio of 21.50 and a beta of 1.00.

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.