Vanguard Mid-Cap ETF $VO Stake Lowered by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC trimmed its holdings in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 11.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 55,627 shares of the company’s stock after selling 7,543 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $4,362,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Searle & CO. acquired a new position in Vanguard Mid-Cap ETF in the third quarter valued at approximately $784,000. Narwhal Capital Management bought a new position in Vanguard Mid-Cap ETF in the third quarter valued at approximately $222,000. New York Life Investment Management LLC bought a new position in Vanguard Mid-Cap ETF in the third quarter valued at approximately $85,712,000. Welch & Forbes LLC grew its holdings in Vanguard Mid-Cap ETF by 1.6% during the 3rd quarter. Welch & Forbes LLC now owns 42,148 shares of the company’s stock worth $3,305,000 after acquiring an additional 652 shares during the period. Finally, AlphaCore Capital LLC grew its holdings in Vanguard Mid-Cap ETF by 0.8% during the 3rd quarter. AlphaCore Capital LLC now owns 204,067 shares of the company’s stock worth $16,003,000 after acquiring an additional 1,551 shares during the period.

Vanguard Mid-Cap ETF Stock Performance

Shares of Vanguard Mid-Cap ETF stock opened at $81.52 on Wednesday. The firm has a fifty day moving average of $80.69 and a two-hundred day moving average of $78.46. The stock has a market capitalization of $107.47 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99. Vanguard Mid-Cap ETF has a 52 week low of $69.44 and a 52 week high of $84.59.

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.