Modern Wealth Management LLC Has $4.53 Million Stock Position in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Modern Wealth Management LLC increased its position in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 3.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 16,311 shares of the company’s stock after buying an additional 514 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $4,534,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Citigroup Inc. grew its holdings in Vanguard Mid-Cap ETF by 69.3% during the 3rd quarter. Citigroup Inc. now owns 32,591 shares of the company’s stock valued at $8,598,000 after buying an additional 13,345 shares in the last quarter. Douglass Winthrop Advisors LLC bought a new position in shares of Vanguard Mid-Cap ETF in the third quarter worth approximately $370,000. Davis R M Inc. purchased a new stake in shares of Vanguard Mid-Cap ETF during the 3rd quarter valued at $231,000. Brown Brothers Harriman & Co. lifted its stake in Vanguard Mid-Cap ETF by 388.5% during the third quarter. Brown Brothers Harriman & Co. now owns 8,280 shares of the company’s stock worth $2,185,000 after purchasing an additional 6,585 shares during the last quarter. Finally, Associated Banc Corp lifted its position in Vanguard Mid-Cap ETF by 6.1% in the 3rd quarter. Associated Banc Corp now owns 131,036 shares of the company’s stock worth $34,571,000 after buying an additional 7,495 shares during the last quarter.

Vanguard Mid-Cap ETF Price Performance

Shares of NYSEARCA VO opened at $265.28 on Tuesday. Vanguard Mid-Cap ETF has a one year low of $234.18 and a one year high of $285.60. The firm’s 50 day simple moving average is $269.87 and its two-hundred day simple moving average is $269.07. The stock has a market capitalization of $263.15 billion, a P/E ratio of 21.44 and a beta of 1.11.

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.