Merit Financial Group LLC Grows Stock Holdings in Vanguard Mid-Cap ETF $VO

Merit Financial Group LLC raised its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 29.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 254,121 shares of the company’s stock after acquiring an additional 57,086 shares during the period. Merit Financial Group LLC’s holdings in Vanguard Mid-Cap ETF were worth $74,646,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VO. US Bancorp DE grew its holdings in shares of Vanguard Mid-Cap ETF by 2,677.1% during the 2nd quarter. US Bancorp DE now owns 4,241,845 shares of the company’s stock worth $1,186,997,000 after purchasing an additional 4,089,100 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Vanguard Mid-Cap ETF by 4,275.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,564,980 shares of the company’s stock valued at $717,758,000 after buying an additional 2,506,352 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Vanguard Mid-Cap ETF by 9.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 23,008,930 shares of the company’s stock worth $6,728,667,000 after purchasing an additional 2,027,374 shares during the last quarter. Midwest Trust Co acquired a new position in shares of Vanguard Mid-Cap ETF in the 2nd quarter worth approximately $265,221,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Mid-Cap ETF by 7.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,733,309 shares of the company’s stock worth $1,884,182,000 after purchasing an additional 482,160 shares during the period.

Vanguard Mid-Cap ETF Stock Down 0.2%

Shares of VO stock opened at $292.92 on Wednesday. The company has a market cap of $89.64 billion, a P/E ratio of 21.50 and a beta of 1.04. Vanguard Mid-Cap ETF has a 52 week low of $223.65 and a 52 week high of $298.64. The business has a 50 day moving average of $290.64 and a two-hundred day moving average of $288.04.

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.