TIAA Trust National Association Trims Holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO)

TIAA Trust National Association lowered its position in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 5.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,729,465 shares of the company’s stock after selling 101,009 shares during the period. Vanguard Mid-Cap ETF accounts for approximately 1.4% of TIAA Trust National Association’s portfolio, making the stock its 18th biggest position. TIAA Trust National Association’s holdings in Vanguard Mid-Cap ETF were worth $456,804,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of VO. Wagner Wealth Management LLC purchased a new position in shares of Vanguard Mid-Cap ETF during the 4th quarter valued at about $26,000. Mainstream Capital Management LLC purchased a new position in Vanguard Mid-Cap ETF during the fourth quarter valued at approximately $33,000. AlphaMark Advisors LLC acquired a new position in Vanguard Mid-Cap ETF in the fourth quarter valued at approximately $34,000. Pin Oak Investment Advisors Inc. purchased a new stake in Vanguard Mid-Cap ETF in the 3rd quarter worth approximately $35,000. Finally, Raleigh Capital Management Inc. grew its stake in shares of Vanguard Mid-Cap ETF by 907.1% during the 4th quarter. Raleigh Capital Management Inc. now owns 141 shares of the company’s stock worth $37,000 after purchasing an additional 127 shares during the period.

Vanguard Mid-Cap ETF Price Performance

NYSEARCA:VO opened at $265.28 on Tuesday. The company has a 50 day moving average price of $269.87 and a 200-day moving average price of $269.07. Vanguard Mid-Cap ETF has a 1-year low of $234.18 and a 1-year high of $285.60. The firm has a market cap of $263.15 billion, a price-to-earnings ratio of 21.44 and a beta of 1.11.

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.