Advisors Capital Management LLC Decreases Position in Vanguard Mid-Cap ETF $VO

Advisors Capital Management LLC cut its stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 30.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 14,398 shares of the company’s stock after selling 6,254 shares during the quarter. Advisors Capital Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $3,724,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jones Financial Companies Lllp lifted its stake in Vanguard Mid-Cap ETF by 2.5% in the 1st quarter. Jones Financial Companies Lllp now owns 17,875,109 shares of the company’s stock valued at $4,596,336,000 after buying an additional 434,730 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard Mid-Cap ETF by 7.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 6,251,149 shares of the company’s stock worth $1,616,672,000 after purchasing an additional 458,676 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of Vanguard Mid-Cap ETF by 2.1% in the first quarter. Raymond James Financial Inc. now owns 6,186,061 shares of the company’s stock valued at $1,599,839,000 after purchasing an additional 124,452 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Vanguard Mid-Cap ETF by 14.5% in the first quarter. Envestnet Asset Management Inc. now owns 3,183,217 shares of the company’s stock valued at $823,243,000 after purchasing an additional 403,326 shares in the last quarter. Finally, Natixis Advisors LLC grew its position in shares of Vanguard Mid-Cap ETF by 11.3% in the first quarter. Natixis Advisors LLC now owns 2,427,941 shares of the company’s stock valued at $627,914,000 after purchasing an additional 246,944 shares in the last quarter.

Vanguard Mid-Cap ETF Price Performance

VO stock opened at $293.67 on Friday. The business has a 50 day simple moving average of $286.38 and a 200-day simple moving average of $270.69. The firm has a market capitalization of $87.63 billion, a PE ratio of 21.50 and a beta of 1.08. Vanguard Mid-Cap ETF has a 1 year low of $223.65 and a 1 year high of $294.07.

Vanguard Mid-Cap ETF 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.