Summit Financial Wealth Advisors LLC Purchases New Stake in Vanguard Mid-Cap ETF $VO

Summit Financial Wealth Advisors LLC bought a new stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 101,811 shares of the company’s stock, valued at approximately $7,984,000. Vanguard Mid-Cap ETF comprises 1.0% of Summit Financial Wealth Advisors LLC’s investment portfolio, making the stock its 27th largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Versant Capital Management Inc boosted its position in Vanguard Mid-Cap ETF by 300.0% during the second quarter. Versant Capital Management Inc now owns 376 shares of the company’s stock worth $30,000 after purchasing an additional 282 shares during the period. Atomic Invest LLC raised its position in shares of Vanguard Mid-Cap ETF by 292.0% in the second quarter. Atomic Invest LLC now owns 392 shares of the company’s stock valued at $32,000 after purchasing an additional 292 shares during the period. Luken Investment Analytics LLC raised its position in shares of Vanguard Mid-Cap ETF by 300.0% in the second quarter. Luken Investment Analytics LLC now owns 424 shares of the company’s stock valued at $34,000 after purchasing an additional 318 shares during the period. Pacifica Partners Inc. lifted its stake in shares of Vanguard Mid-Cap ETF by 300.0% during the 2nd quarter. Pacifica Partners Inc. now owns 472 shares of the company’s stock worth $38,000 after buying an additional 354 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. lifted its stake in shares of Vanguard Mid-Cap ETF by 300.0% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 480 shares of the company’s stock worth $39,000 after buying an additional 360 shares during the last quarter.

Vanguard Mid-Cap ETF Stock Performance

Shares of VO stock traded up $0.46 during midday trading on Thursday, hitting $80.53. 1,742,780 shares of the company were exchanged, compared to its average volume of 2,941,473. The firm has a market capitalization of $106.15 billion, a P/E ratio of 21.50 and a beta of 1.00. The firm’s 50 day moving average price is $81.41 and its two-hundred day moving average price is $79.35. Vanguard Mid-Cap ETF has a 52 week low of $69.44 and a 52 week high of $84.59.

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.