RMG Wealth Management LLC Purchases Shares of 6,918 Vanguard Mid-Cap ETF $VO

RMG Wealth Management LLC acquired a new position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) in the second quarter, Holdings Channel reports. The fund acquired 6,918 shares of the company’s stock, valued at approximately $1,969,000. Vanguard Mid-Cap ETF comprises 0.3% of RMG Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position.

Several other institutional investors have also made changes to their positions in VO. Jones Financial Companies Lllp lifted its stake in Vanguard Mid-Cap ETF by 5.2% during the first quarter. Jones Financial Companies Lllp now owns 18,352,893 shares of the company’s stock worth $4,719,309,000 after purchasing an additional 912,514 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Mid-Cap ETF by 7.9% in 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 buying an additional 458,676 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Vanguard Mid-Cap ETF by 2.1% in the 1st quarter. Raymond James Financial Inc. now owns 6,186,061 shares of the company’s stock worth $1,599,839,000 after buying an additional 124,452 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Mid-Cap ETF by 14.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,183,217 shares of the company’s stock worth $823,243,000 after buying an additional 403,326 shares during the period. Finally, Natixis Advisors LLC lifted its position in shares of Vanguard Mid-Cap ETF by 11.3% during the 1st quarter. Natixis Advisors LLC now owns 2,427,941 shares of the company’s stock worth $627,914,000 after buying an additional 246,944 shares during the period.

Vanguard Mid-Cap ETF Price Performance

Shares of NYSEARCA:VO opened at $295.51 on Tuesday. The business’s fifty day moving average price is $289.13 and its two-hundred day moving average price is $274.43. Vanguard Mid-Cap ETF has a fifty-two week low of $223.65 and a fifty-two week high of $296.87. The stock has a market capitalization of $89.40 billion, a price-to-earnings ratio of 21.50 and a beta of 1.08.

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.