Portland Financial Advisors Inc Takes $2.04 Million Position in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Portland Financial Advisors Inc purchased a new position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 7,725 shares of the company’s stock, valued at approximately $2,040,000. Vanguard Mid-Cap ETF makes up 5.5% of Portland Financial Advisors Inc’s portfolio, making the stock its 4th largest position.

Several other large investors have also made changes to their positions in VO. Edge Capital Group LLC boosted its stake in Vanguard Mid-Cap ETF by 12.0% in the fourth quarter. Edge Capital Group LLC now owns 10,449 shares of the company’s stock valued at $2,760,000 after buying an additional 1,116 shares in the last quarter. Crestwood Advisors Group LLC lifted its holdings in shares of Vanguard Mid-Cap ETF by 1.6% in the fourth quarter. Crestwood Advisors Group LLC now owns 29,379 shares of the company’s stock worth $7,760,000 after acquiring an additional 468 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Vanguard Mid-Cap ETF by 0.3% in the fourth quarter. IFP Advisors Inc now owns 12,673 shares of the company’s stock worth $3,348,000 after acquiring an additional 37 shares during the last quarter. Cannon Wealth Management Services LLC boosted its stake in shares of Vanguard Mid-Cap ETF by 12.5% in the 4th quarter. Cannon Wealth Management Services LLC now owns 10,550 shares of the company’s stock valued at $2,897,000 after purchasing an additional 1,172 shares in the last quarter. Finally, Midwest Capital Advisors LLC bought a new stake in shares of Vanguard Mid-Cap ETF during the 4th quarter valued at approximately $469,000.

Vanguard Mid-Cap ETF Price Performance

VO stock opened at $270.43 on Monday. Vanguard Mid-Cap ETF has a 1 year low of $234.18 and a 1 year high of $285.60. The stock has a market cap of $229.67 billion, a price-to-earnings ratio of 22.74 and a beta of 1.10. The company has a 50 day simple moving average of $271.67 and a 200 day simple moving average of $267.55.

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.