Synovus Financial Corp Cuts Stock Position in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Synovus Financial Corp decreased its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 45.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,235 shares of the company’s stock after selling 20,415 shares during the quarter. Synovus Financial Corp’s holdings in Vanguard Mid-Cap ETF were worth $6,408,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Wagner Wealth Management LLC acquired a new position in Vanguard Mid-Cap ETF during the 4th quarter worth $26,000. Mainstream Capital Management LLC purchased a new position in shares of Vanguard Mid-Cap ETF in the 4th quarter valued at about $33,000. AlphaMark Advisors LLC purchased a new position in shares of Vanguard Mid-Cap ETF in the 4th quarter valued at about $34,000. Raleigh Capital Management Inc. grew its position in shares of Vanguard Mid-Cap ETF by 907.1% during the fourth quarter. Raleigh Capital Management Inc. now owns 141 shares of the company’s stock worth $37,000 after buying an additional 127 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. purchased a new stake in shares of Vanguard Mid-Cap ETF during the fourth quarter worth approximately $38,000.

Vanguard Mid-Cap ETF Stock Up 1.7 %

Shares of NYSEARCA:VO opened at $243.62 on Monday. Vanguard Mid-Cap ETF has a fifty-two week low of $223.65 and a fifty-two week high of $285.60. The stock has a market cap of $241.66 billion, a price-to-earnings ratio of 21.62 and a beta of 1.11. The firm’s 50 day moving average price is $261.54 and its 200 day moving average price is $267.94.

Vanguard Mid-Cap ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $1.1671 dividend. This is a positive change from Vanguard Mid-Cap ETF’s previous dividend of $0.93. The ex-dividend date was Thursday, March 27th.

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.