Vanguard Mid-Cap ETF (NYSEARCA:VO) Shares Bought by Covington Investment Advisors Inc.

Covington Investment Advisors Inc. raised its stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 2.9% during the fourth quarter, HoldingsChannel reports. The firm owned 7,366 shares of the company’s stock after purchasing an additional 209 shares during the quarter. Covington Investment Advisors Inc.’s holdings in Vanguard Mid-Cap ETF were worth $1,946,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in VO. Citigroup Inc. lifted its position in shares of 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. FMR LLC lifted its holdings in Vanguard Mid-Cap ETF by 3.3% during the third quarter. FMR LLC now owns 340,923 shares of the company’s stock valued at $89,946,000 after purchasing an additional 10,876 shares in the last quarter. Townsquare Capital LLC grew its position in shares of Vanguard Mid-Cap ETF by 48.2% in the third quarter. Townsquare Capital LLC now owns 23,561 shares of the company’s stock valued at $6,216,000 after purchasing an additional 7,662 shares during the period. Cynosure Group LLC purchased a new stake in shares of Vanguard Mid-Cap ETF during the third quarter worth about $506,000. Finally, Glenmede Trust Co. NA raised its position in shares of Vanguard Mid-Cap ETF by 0.8% during the 3rd quarter. Glenmede Trust Co. NA now owns 119,692 shares of the company’s stock worth $31,578,000 after purchasing an additional 906 shares during the last quarter.

Vanguard Mid-Cap ETF Stock Down 0.9 %

Shares of NYSEARCA VO opened at $260.93 on Friday. The stock has a market capitalization of $258.83 billion, a price-to-earnings ratio of 21.44 and a beta of 1.11. Vanguard Mid-Cap ETF has a 52 week low of $234.18 and a 52 week high of $285.60. The firm has a 50-day simple moving average of $269.48 and a 200-day simple moving average of $269.08.

Vanguard Mid-Cap ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a dividend of $1.1671 per share. This is an increase from Vanguard Mid-Cap ETF’s previous dividend of $0.93. The ex-dividend date is 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.