Towneley Capital Management Inc DE Trims Stake in Vanguard Mid-Cap ETF $VO

Towneley Capital Management Inc DE reduced its holdings in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 47.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 811 shares of the company’s stock after selling 745 shares during the period. Towneley Capital Management Inc DE’s holdings in Vanguard Mid-Cap ETF were worth $227,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Headlands Technologies LLC purchased a new stake in shares of Vanguard Mid-Cap ETF in the first quarter worth $27,000. Woodard & Co. Asset Management Group Inc. ADV increased its stake in shares of Vanguard Mid-Cap ETF by 900.0% in the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 100 shares of the company’s stock worth $28,000 after purchasing an additional 90 shares in the last quarter. First Pacific Financial purchased a new stake in shares of Vanguard Mid-Cap ETF in the first quarter worth $34,000. Arjuna Capital purchased a new stake in shares of Vanguard Mid-Cap ETF in the first quarter worth $36,000. Finally, Rice Partnership LLC increased its stake in shares of Vanguard Mid-Cap ETF by 84.3% in the second quarter. Rice Partnership LLC now owns 129 shares of the company’s stock worth $36,000 after purchasing an additional 59 shares in the last quarter.

Vanguard Mid-Cap ETF Price Performance

Shares of NYSEARCA VO opened at $292.23 on Tuesday. The firm has a fifty day moving average price of $290.41 and a 200-day moving average price of $276.79. The stock has a market cap of $89.43 billion, a PE ratio of 21.50 and a beta of 1.08. Vanguard Mid-Cap ETF has a 1 year low of $223.65 and a 1 year high of $296.87.

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.