Vanguard Mid-Cap ETF (NYSEARCA:VO) Increases Dividend to $1.15 Per Share

Vanguard Mid-Cap ETF (NYSEARCA:VO) declared a quarterly dividend on Thursday, April 3rd. Investors of record on Monday, December 22nd will be given a dividend of 1.148 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, December 22nd. This is a 11.0% increase from Vanguard Mid-Cap ETF’s previous quarterly dividend of $1.03.

Vanguard Mid-Cap ETF Price Performance

Shares of NYSEARCA VO traded up $1.14 during mid-day trading on Friday, reaching $292.94. 665,599 shares of the company traded hands, compared to its average volume of 728,821. Vanguard Mid-Cap ETF has a fifty-two week low of $223.65 and a fifty-two week high of $298.64. The firm has a market cap of $89.65 billion, a PE ratio of 21.50 and a beta of 1.04. The stock has a fifty day simple moving average of $290.24 and a 200-day simple moving average of $286.82.

Institutional Trading of Vanguard Mid-Cap ETF

Several institutional investors have recently modified their holdings of VO. Strategic Investment Advisors MI grew its holdings in Vanguard Mid-Cap ETF by 352.1% during the third quarter. Strategic Investment Advisors MI now owns 124,025 shares of the company’s stock worth $36,431,000 after acquiring an additional 96,593 shares during the period. Keel Point LLC boosted its position in shares of Vanguard Mid-Cap ETF by 1.2% during the 3rd quarter. Keel Point LLC now owns 3,061 shares of the company’s stock valued at $899,000 after purchasing an additional 36 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Vanguard Mid-Cap ETF in the 3rd quarter worth approximately $822,000. Strategic Investment Solutions Inc. IL grew its stake in shares of Vanguard Mid-Cap ETF by 57.5% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 274 shares of the company’s stock worth $80,000 after purchasing an additional 100 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in shares of Vanguard Mid-Cap ETF by 2.9% in the 3rd quarter. Allworth Financial LP now owns 1,472,148 shares of the company’s stock worth $432,429,000 after purchasing an additional 41,537 shares in the last quarter.

About Vanguard Mid-Cap ETF

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.