Vanguard Mid-Cap ETF $VO Stock: David Kennon Inc Reduces Stake

David Kennon Inc decreased its position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 7.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 133,002 shares of the company’s stock after selling 10,677 shares during the period. Vanguard Mid-Cap ETF comprises 3.5% of David Kennon Inc’s investment portfolio, making the stock its 7th largest position. David Kennon Inc’s holdings in Vanguard Mid-Cap ETF were worth $10,430,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Twele Capital Management Inc. purchased a new stake in Vanguard Mid-Cap ETF during the 3rd quarter valued at $22,412,000. Forvis Mazars Wealth Advisors LLC bought a new stake in shares of Vanguard Mid-Cap ETF in the 3rd quarter worth $12,699,000. First Financial Corp IN bought a new stake in shares of Vanguard Mid-Cap ETF in the 3rd quarter worth $6,521,000. Accel Wealth Management raised its stake in shares of Vanguard Mid-Cap ETF by 11.2% in the third quarter. Accel Wealth Management now owns 9,080 shares of the company’s stock worth $712,000 after purchasing an additional 916 shares during the last quarter. Finally, Financial Planning Hawaii Inc. raised its stake in shares of Vanguard Mid-Cap ETF by 5.4% in the third quarter. Financial Planning Hawaii Inc. now owns 47,981 shares of the company’s stock worth $3,763,000 after purchasing an additional 2,439 shares during the last quarter.

Vanguard Mid-Cap ETF Stock Performance

Shares of NYSEARCA:VO traded up $0.10 during midday trading on Tuesday, reaching $81.02. 2,069,644 shares of the company’s stock traded hands, compared to its average volume of 2,949,824. The company has a market cap of $106.79 billion, a price-to-earnings ratio of 21.50 and a beta of 1.00. Vanguard Mid-Cap ETF has a one year low of $69.44 and a one year high of $84.59. The stock has a 50 day moving average of $81.46 and a 200 day moving average of $79.29.

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.