Vanguard Mid-Cap ETF (NYSEARCA:VO) Position Cut by Cranbrook Wealth Management LLC

Cranbrook Wealth Management LLC trimmed its position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 0.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,707 shares of the company’s stock after selling 289 shares during the period. Vanguard Mid-Cap ETF makes up about 6.1% of Cranbrook Wealth Management LLC’s holdings, making the stock its 4th largest holding. Cranbrook Wealth Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $24,865,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of VO. Atlantic Edge Private Wealth Management LLC raised its holdings in Vanguard Mid-Cap ETF by 23.3% during the second quarter. Atlantic Edge Private Wealth Management LLC now owns 222 shares of the company’s stock worth $54,000 after purchasing an additional 42 shares in the last quarter. Financial Perspectives Inc lifted its holdings in shares of Vanguard Mid-Cap ETF by 32.1% in the 1st quarter. Financial Perspectives Inc now owns 177 shares of the company’s stock valued at $44,000 after buying an additional 43 shares during the period. Sanibel Captiva Trust Company Inc. boosted its stake in shares of Vanguard Mid-Cap ETF by 1.7% in the first quarter. Sanibel Captiva Trust Company Inc. now owns 2,771 shares of the company’s stock valued at $692,000 after buying an additional 45 shares in the last quarter. RE Dickinson Investment Advisors LLC grew its holdings in Vanguard Mid-Cap ETF by 0.7% during the fourth quarter. RE Dickinson Investment Advisors LLC now owns 6,951 shares of the company’s stock worth $1,617,000 after acquiring an additional 46 shares during the period. Finally, MTM Investment Management LLC grew its holdings in Vanguard Mid-Cap ETF by 29.1% during the first quarter. MTM Investment Management LLC now owns 213 shares of the company’s stock worth $53,000 after acquiring an additional 48 shares during the period.

Vanguard Mid-Cap ETF Stock Up 0.6 %

Shares of NYSEARCA VO opened at $258.72 on Tuesday. The firm has a 50-day moving average price of $250.11 and a 200 day moving average price of $245.80. Vanguard Mid-Cap ETF has a 52 week low of $194.79 and a 52 week high of $259.24. The stock has a market capitalization of $66.90 billion, a price-to-earnings 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.