Joel Adams & Associates Inc. Trims Stock Holdings in Vanguard Mid-Cap ETF $VO

Joel Adams & Associates Inc. lessened its stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 10.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 8,861 shares of the company’s stock after selling 985 shares during the period. Vanguard Mid-Cap ETF comprises about 2.2% of Joel Adams & Associates Inc.’s investment portfolio, making the stock its 10th largest position. Joel Adams & Associates Inc.’s holdings in Vanguard Mid-Cap ETF were worth $2,480,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. CCG Wealth Management LLC grew its position in shares of Vanguard Mid-Cap ETF by 4.9% in the 2nd quarter. CCG Wealth Management LLC now owns 997 shares of the company’s stock valued at $279,000 after buying an additional 47 shares during the last quarter. Mitchell Sinkler & Starr PA grew its position in shares of Vanguard Mid-Cap ETF by 23.4% in the 2nd quarter. Mitchell Sinkler & Starr PA now owns 6,197 shares of the company’s stock valued at $1,734,000 after buying an additional 1,174 shares during the last quarter. Landmark Wealth Management LLC lifted its stake in shares of Vanguard Mid-Cap ETF by 1.3% in the 2nd quarter. Landmark Wealth Management LLC now owns 5,530 shares of the company’s stock valued at $1,547,000 after purchasing an additional 73 shares during the period. Meritage Portfolio Management lifted its stake in shares of Vanguard Mid-Cap ETF by 60.3% in the 2nd quarter. Meritage Portfolio Management now owns 1,367 shares of the company’s stock valued at $383,000 after purchasing an additional 514 shares during the period. Finally, CWM LLC lifted its stake in shares of Vanguard Mid-Cap ETF by 2.1% in the 2nd quarter. CWM LLC now owns 88,965 shares of the company’s stock valued at $24,895,000 after purchasing an additional 1,836 shares during the period.

Vanguard Mid-Cap ETF Price Performance

Shares of NYSEARCA:VO opened at $286.27 on Monday. The company has a market capitalization of $87.61 billion, a price-to-earnings ratio of 21.50 and a beta of 1.08. The business’s 50-day moving average is $289.64 and its 200-day moving average is $275.23. Vanguard Mid-Cap ETF has a 1 year low of $223.65 and a 1 year high of $296.87.

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.