RKL Wealth Management LLC Purchases New Holdings in Vanguard Mid-Cap ETF $VO

RKL Wealth Management LLC acquired a new position in Vanguard Mid-Cap ETF (NYSEARCA:VO) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 78,909 shares of the company’s stock, valued at approximately $6,188,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VO. Envestnet Asset Management Inc. raised its stake in Vanguard Mid-Cap ETF by 320.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 24,776,718 shares of the company’s stock valued at $1,995,989,000 after purchasing an additional 18,882,295 shares during the period. Allworth Financial LP lifted its holdings in shares of Vanguard Mid-Cap ETF by 236.1% in the second quarter. Allworth Financial LP now owns 5,151,020 shares of the company’s stock valued at $415,018,000 after purchasing an additional 3,618,496 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of Vanguard Mid-Cap ETF by 298.8% in the second quarter. Baird Financial Group Inc. now owns 2,499,328 shares of the company’s stock worth $201,371,000 after buying an additional 1,872,643 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Vanguard Mid-Cap ETF by 2.4% in the first quarter. PNC Financial Services Group Inc. now owns 2,358,867 shares of the company’s stock worth $677,420,000 after buying an additional 54,228 shares during the period. Finally, Corient Private Wealth LP boosted its position in shares of Vanguard Mid-Cap ETF by 341.0% in the second quarter. Corient Private Wealth LP now owns 2,182,308 shares of the company’s stock worth $175,829,000 after buying an additional 1,687,429 shares during the period.

Vanguard Mid-Cap ETF Stock Performance

Shares of VO stock traded down $0.49 on Friday, reaching $80.40. 2,524,222 shares of the company’s stock traded hands, compared to its average volume of 2,944,858. Vanguard Mid-Cap ETF has a 12-month low of $69.44 and a 12-month high of $84.59. The company has a market capitalization of $105.98 billion, a P/E ratio of 21.50 and a beta of 1.00. The business’s 50 day moving average price is $81.34 and its two-hundred day moving average price is $79.43.

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.