Cannon Wealth Management Services LLC Has $2.90 Million Position in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Cannon Wealth Management Services LLC lifted its stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 12.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,550 shares of the company’s stock after purchasing an additional 1,172 shares during the quarter. Vanguard Mid-Cap ETF comprises 2.5% of Cannon Wealth Management Services LLC’s investment portfolio, making the stock its 14th biggest holding. Cannon Wealth Management Services LLC’s holdings in Vanguard Mid-Cap ETF were worth $2,897,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wagner Wealth Management LLC bought a new stake in Vanguard Mid-Cap ETF in the 4th quarter valued at about $26,000. AlphaMark Advisors LLC bought a new stake in Vanguard Mid-Cap ETF in the 4th quarter valued at about $34,000. Pin Oak Investment Advisors Inc. bought a new stake in Vanguard Mid-Cap ETF in the 3rd quarter valued at about $35,000. Raleigh Capital Management Inc. increased its position in Vanguard Mid-Cap ETF by 907.1% in the 4th quarter. Raleigh Capital Management Inc. now owns 141 shares of the company’s stock valued at $37,000 after buying an additional 127 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. acquired a new position in Vanguard Mid-Cap ETF during the 4th quarter valued at about $38,000.

Vanguard Mid-Cap ETF Stock Performance

VO stock opened at $270.43 on Monday. The company has a market capitalization of $229.67 billion, a P/E ratio of 22.74 and a beta of 1.10. Vanguard Mid-Cap ETF has a 52-week low of $234.18 and a 52-week high of $285.60. The business has a 50-day simple moving average of $271.67 and a two-hundred day simple moving average of $267.55.

Vanguard Mid-Cap ETF Company 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.