Summit Financial Strategies Inc. Has $1.55 Million Stake in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Summit Financial Strategies Inc. grew its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 3.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,869 shares of the company’s stock after acquiring an additional 192 shares during the quarter. Summit Financial Strategies Inc.’s holdings in Vanguard Mid-Cap ETF were worth $1,548,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Fairfield Financial Advisors LTD bought a new stake in shares of Vanguard Mid-Cap ETF in the second quarter worth about $26,000. ESL Trust Services LLC bought a new position in shares of Vanguard Mid-Cap ETF during the first quarter worth about $32,000. Pathway Financial Advisers LLC bought a new position in shares of Vanguard Mid-Cap ETF during the first quarter worth about $44,000. Financial Perspectives Inc grew its holdings in shares of Vanguard Mid-Cap ETF by 32.1% during the first quarter. Financial Perspectives Inc now owns 177 shares of the company’s stock worth $44,000 after buying an additional 43 shares in the last quarter. Finally, LRI Investments LLC acquired a new position in Vanguard Mid-Cap ETF during the first quarter valued at approximately $45,000.

Vanguard Mid-Cap ETF Trading Down 0.1 %

Shares of VO traded down $0.25 during mid-day trading on Thursday, reaching $269.49. The company’s stock had a trading volume of 89,943 shares, compared to its average volume of 557,037. The stock has a market cap of $69.68 billion, a P/E ratio of 19.64 and a beta of 0.98. The business has a 50-day simple moving average of $257.32 and a two-hundred day simple moving average of $248.62. Vanguard Mid-Cap ETF has a 1-year low of $194.79 and a 1-year high of $270.79.

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.