Ballast Advisors LLC Buys New Position in Vanguard Mid-Cap ETF $VO

Ballast Advisors LLC bought a new stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) during the 2nd quarter, Holdings Channel.com reports. The firm bought 122 shares of the company’s stock, valued at approximately $34,000.

Several other institutional investors have also recently added to or reduced their stakes in VO. US Bancorp DE lifted its stake in Vanguard Mid-Cap ETF by 2,677.1% in the second quarter. US Bancorp DE now owns 4,241,845 shares of the company’s stock valued at $1,186,997,000 after buying an additional 4,089,100 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in Vanguard Mid-Cap ETF by 4,275.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,564,980 shares of the company’s stock valued at $717,758,000 after buying an additional 2,506,352 shares during the period. Jones Financial Companies Lllp lifted its stake in Vanguard Mid-Cap ETF by 5.2% in the first quarter. Jones Financial Companies Lllp now owns 18,352,893 shares of the company’s stock valued at $4,719,309,000 after buying an additional 912,514 shares during the period. Wealthspire Advisors LLC raised its position in shares of Vanguard Mid-Cap ETF by 100.8% during the first quarter. Wealthspire Advisors LLC now owns 1,119,086 shares of the company’s stock worth $289,418,000 after purchasing an additional 561,872 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Mid-Cap ETF by 7.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 6,251,149 shares of the company’s stock worth $1,616,672,000 after purchasing an additional 458,676 shares during the period.

Vanguard Mid-Cap ETF Stock Up 0.4%

Shares of NYSEARCA:VO opened at $294.81 on Friday. Vanguard Mid-Cap ETF has a twelve month low of $223.65 and a twelve month high of $296.87. The stock’s 50 day moving average is $290.95 and its 200-day moving average is $278.23. The firm has a market capitalization of $90.22 billion, a price-to-earnings ratio of 21.50 and a beta of 1.08.

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.