Frisch Financial Group Inc. Reduces Position in Vanguard Mid-Cap ETF $VO

Frisch Financial Group Inc. decreased its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 49.5% in the first quarter, Holdings Channel reports. The fund owned 18,431 shares of the company’s stock after selling 18,040 shares during the period. Vanguard Mid-Cap ETF accounts for approximately 1.1% of Frisch Financial Group Inc.’s investment portfolio, making the stock its 24th largest holding. Frisch Financial Group Inc.’s holdings in Vanguard Mid-Cap ETF were worth $5,293,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Birchwood Financial Partners Inc. purchased a new stake in shares of Vanguard Mid-Cap ETF in the fourth quarter valued at approximately $30,000. Luken Investment Analytics LLC acquired a new stake in shares of Vanguard Mid-Cap ETF in the fourth quarter valued at approximately $31,000. Timmons Wealth Management LLC purchased a new position in Vanguard Mid-Cap ETF during the fourth quarter worth approximately $31,000. Cambient Family Office LLC purchased a new position in Vanguard Mid-Cap ETF during the fourth quarter worth approximately $31,000. Finally, Core Wealth Advisors LLC acquired a new position in Vanguard Mid-Cap ETF during the fourth quarter worth $31,000.

Vanguard Mid-Cap ETF Stock Up 0.2%

Shares of NYSEARCA:VO opened at $80.61 on Friday. The business has a fifty day moving average of $79.26 and a two-hundred day moving average of $76.23. The stock has a market cap of $105.99 billion, a P/E ratio of 21.50 and a beta of 0.99. Vanguard Mid-Cap ETF has a 52-week low of $69.44 and a 52-week high of $81.55.

Vanguard Mid-Cap ETF Company 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.