Convergence Financial LLC Sells 270 Shares of Vanguard Mid-Cap ETF $VO

Convergence Financial LLC trimmed its position in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 16.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,388 shares of the company’s stock after selling 270 shares during the period. Convergence Financial LLC’s holdings in Vanguard Mid-Cap ETF were worth $388,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of VO. First Horizon Advisors Inc. lifted its holdings in shares of Vanguard Mid-Cap ETF by 4.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 69,845 shares of the company’s stock valued at $19,545,000 after purchasing an additional 3,224 shares during the last quarter. Stonebridge Financial Planning Group LLC increased its position in Vanguard Mid-Cap ETF by 8.3% during the 2nd quarter. Stonebridge Financial Planning Group LLC now owns 5,367 shares of the company’s stock valued at $1,502,000 after buying an additional 411 shares in the last quarter. TKG Advisors LLC acquired a new position in Vanguard Mid-Cap ETF during the 2nd quarter valued at about $213,000. Beckerman Institutional LLC raised its stake in Vanguard Mid-Cap ETF by 9.4% in the second quarter. Beckerman Institutional LLC now owns 11,268 shares of the company’s stock valued at $3,153,000 after buying an additional 971 shares during the last quarter. Finally, TME Financial Inc. boosted its holdings in Vanguard Mid-Cap ETF by 8.4% in the second quarter. TME Financial Inc. now owns 3,261 shares of the company’s stock worth $913,000 after acquiring an additional 252 shares in the last quarter.

Vanguard Mid-Cap ETF Stock Performance

Shares of VO stock opened at $288.54 on Thursday. Vanguard Mid-Cap ETF has a fifty-two week low of $223.65 and a fifty-two week high of $296.87. The firm has a market capitalization of $88.30 billion, a price-to-earnings ratio of 21.50 and a beta of 1.04. The stock’s 50-day simple moving average is $291.43 and its 200-day simple moving average is $281.03.

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.