Summit Global Investments Buys New Holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Summit Global Investments bought a new stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 917 shares of the company’s stock, valued at approximately $222,000.

Several other hedge funds have also recently added to or reduced their stakes in VO. Morningstar Investment Services LLC raised its holdings in Vanguard Mid-Cap ETF by 78.3% during the fourth quarter. Morningstar Investment Services LLC now owns 1,356,291 shares of the company’s stock worth $317,304,000 after purchasing an additional 595,576 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Vanguard Mid-Cap ETF by 524.1% during the first quarter. Cetera Investment Advisers now owns 695,861 shares of the company’s stock worth $173,868,000 after acquiring an additional 584,356 shares during the last quarter. Pathstone Holdings LLC purchased a new position in shares of Vanguard Mid-Cap ETF during the fourth quarter worth approximately $132,881,000. Simplicity Wealth LLC grew its position in shares of Vanguard Mid-Cap ETF by 26,407.1% during the first quarter. Simplicity Wealth LLC now owns 354,400 shares of the company’s stock worth $88,550,000 after acquiring an additional 353,063 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of Vanguard Mid-Cap ETF by 10.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,274,175 shares of the company’s stock worth $550,578,000 after acquiring an additional 221,767 shares during the last quarter.

Vanguard Mid-Cap ETF Stock Up 0.8 %

NYSEARCA:VO traded up $2.02 during midday trading on Wednesday, reaching $253.86. The stock had a trading volume of 299,211 shares, compared to its average volume of 585,963. The firm has a fifty day simple moving average of $245.56 and a two-hundred day simple moving average of $243.22. Vanguard Mid-Cap ETF has a 12-month low of $194.79 and a 12-month high of $254.29. The stock has a market cap of $65.64 billion, a P/E ratio of 19.64 and a beta of 0.98.

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.