Connecticut Wealth Management LLC lifted its stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 31.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 215,615 shares of the company’s stock after buying an additional 52,148 shares during the quarter. Vanguard Mid-Cap ETF makes up approximately 2.3% of Connecticut Wealth Management LLC’s portfolio, making the stock its 16th biggest position. Connecticut Wealth Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $34,861,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in VO. TD Ameritrade Investment Management LLC purchased a new stake in Vanguard Mid-Cap ETF during the fourth quarter worth approximately $346,161,000. Arrow Financial Corp purchased a new stake in Vanguard Mid-Cap ETF in the first quarter valued at approximately $68,755,000. Morgan Stanley lifted its stake in Vanguard Mid-Cap ETF by 5.0% in the fourth quarter. Morgan Stanley now owns 5,501,335 shares of the company’s stock valued at $1,137,511,000 after buying an additional 263,365 shares during the last quarter. UBS Group AG lifted its stake in Vanguard Mid-Cap ETF by 4.3% in the first quarter. UBS Group AG now owns 6,108,856 shares of the company’s stock valued at $1,352,134,000 after buying an additional 249,669 shares during the last quarter. Finally, HighTower Advisors LLC purchased a new stake in Vanguard Mid-Cap ETF in the first quarter valued at approximately $54,165,000.
NYSEARCA VO traded up $0.37 on Friday, reaching $236.12. The stock had a trading volume of 7,305 shares, compared to its average volume of 651,268. Vanguard Mid-Cap ETF has a 12-month low of $156.72 and a 12-month high of $236.46. The company’s 50-day moving average is $230.72.
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.
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