Sequoia Financial Advisors LLC Increases Stock Position in Vanguard Mid-Cap ETF $VO

Sequoia Financial Advisors LLC boosted its position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 295.0% in the second quarter, Holdings Channel.com reports. The firm owned 55,334 shares of the company’s stock after acquiring an additional 41,327 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Mid-Cap ETF were worth $4,458,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Birchwood Financial Partners Inc. purchased a new position in Vanguard Mid-Cap ETF in the 4th quarter valued at about $30,000. Timmons Wealth Management LLC acquired a new stake in shares of Vanguard Mid-Cap ETF during the fourth quarter valued at about $31,000. Cambient Family Office LLC purchased a new stake in shares of Vanguard Mid-Cap ETF during the fourth quarter worth about $31,000. Core Wealth Advisors LLC purchased a new stake in shares of Vanguard Mid-Cap ETF during the fourth quarter worth about $31,000. Finally, JPL Wealth Management LLC acquired a new position in shares of Vanguard Mid-Cap ETF in the third quarter worth about $33,000.

Vanguard Mid-Cap ETF Stock Performance

NYSEARCA:VO opened at $81.03 on Friday. The stock has a market cap of $106.54 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99. Vanguard Mid-Cap ETF has a one year low of $69.44 and a one year high of $84.59. The business’s 50-day simple moving average is $81.79 and its 200 day simple moving average is $78.34.

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.