Sovereign Financial Group Inc. Increases Position in Vanguard Mid-Cap ETF $VO

Sovereign Financial Group Inc. lifted its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 2.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,093 shares of the company’s stock after purchasing an additional 60 shares during the period. Sovereign Financial Group Inc.’s holdings in Vanguard Mid-Cap ETF were worth $865,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. J2 Capital Management Inc increased its stake in shares of Vanguard Mid-Cap ETF by 1.5% in the 2nd quarter. J2 Capital Management Inc now owns 2,556 shares of the company’s stock valued at $715,000 after purchasing an additional 37 shares in the last quarter. Grandfield & Dodd LLC increased its stake in shares of Vanguard Mid-Cap ETF by 1.6% in the 1st quarter. Grandfield & Dodd LLC now owns 2,559 shares of the company’s stock valued at $662,000 after purchasing an additional 40 shares in the last quarter. Horizon Investment Services LLC increased its stake in shares of Vanguard Mid-Cap ETF by 4.8% in the 1st quarter. Horizon Investment Services LLC now owns 878 shares of the company’s stock valued at $227,000 after purchasing an additional 40 shares in the last quarter. Richards Merrill & Peterson Inc. boosted its holdings in Vanguard Mid-Cap ETF by 3.1% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 1,335 shares of the company’s stock worth $345,000 after buying an additional 40 shares during the last quarter. Finally, National Wealth Management Group LLC boosted its holdings in Vanguard Mid-Cap ETF by 2.8% in the 1st quarter. National Wealth Management Group LLC now owns 1,477 shares of the company’s stock worth $382,000 after buying an additional 40 shares during the last quarter.

Vanguard Mid-Cap ETF Trading Down 2.3%

VO stock opened at $286.27 on Friday. Vanguard Mid-Cap ETF has a 12-month low of $223.65 and a 12-month high of $296.87. The stock has a market cap of $87.61 billion, a price-to-earnings ratio of 21.50 and a beta of 1.08. The business’s 50-day moving average is $289.64 and its 200 day moving average is $275.13.

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.