Meridian Financial LLC Trims Holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Meridian Financial LLC lessened its stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 1.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,601 shares of the company’s stock after selling 285 shares during the quarter. Vanguard Mid-Cap ETF makes up about 3.2% of Meridian Financial LLC’s investment portfolio, making the stock its 7th largest position. Meridian Financial LLC’s holdings in Vanguard Mid-Cap ETF were worth $4,649,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Mid-Cap ETF by 1.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,298,281 shares of the company’s stock valued at $1,282,736,000 after buying an additional 94,950 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Mid-Cap ETF by 2.5% in the third quarter. LPL Financial LLC now owns 2,888,967 shares of the company’s stock valued at $762,196,000 after purchasing an additional 70,333 shares in the last quarter. Natixis Advisors LLC increased its position in Vanguard Mid-Cap ETF by 10.4% in the third quarter. Natixis Advisors LLC now owns 1,944,886 shares of the company’s stock worth $513,119,000 after purchasing an additional 183,895 shares during the last quarter. JMG Financial Group Ltd. raised its stake in Vanguard Mid-Cap ETF by 3.1% during the third quarter. JMG Financial Group Ltd. now owns 1,280,446 shares of the company’s stock valued at $337,820,000 after purchasing an additional 38,804 shares in the last quarter. Finally, Allworth Financial LP lifted its position in Vanguard Mid-Cap ETF by 3.1% during the third quarter. Allworth Financial LP now owns 1,276,734 shares of the company’s stock valued at $336,841,000 after purchasing an additional 38,333 shares during the last quarter.

Vanguard Mid-Cap ETF Trading Up 0.5 %

Shares of NYSEARCA VO opened at $273.82 on Friday. Vanguard Mid-Cap ETF has a 12-month low of $225.05 and a 12-month high of $285.60. The firm’s 50-day moving average price is $273.52 and its 200-day moving average price is $262.05. The stock has a market capitalization of $70.80 billion, a price-to-earnings ratio of 19.64 and a beta of 0.98.

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.