Raymond James Financial Inc. Buys Shares of 6,061,609 Vanguard Mid-Cap ETF (NYSEARCA:VO)

Raymond James Financial Inc. bought a new stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 6,061,609 shares of the company’s stock, valued at approximately $1,601,053,000. Vanguard Mid-Cap ETF comprises 0.6% of Raymond James Financial Inc.’s investment portfolio, making the stock its 23rd biggest position. Raymond James Financial Inc. owned 2.34% of Vanguard Mid-Cap ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Promus Capital LLC bought a new stake in shares of Vanguard Mid-Cap ETF in the 4th quarter worth approximately $75,000. Cullen Frost Bankers Inc. lifted its holdings in shares of Vanguard Mid-Cap ETF by 1.1% in the 4th quarter. Cullen Frost Bankers Inc. now owns 403,082 shares of the company’s stock worth $106,466,000 after acquiring an additional 4,189 shares during the last quarter. Verdence Capital Advisors LLC lifted its holdings in shares of Vanguard Mid-Cap ETF by 17.9% in the 4th quarter. Verdence Capital Advisors LLC now owns 14,048 shares of the company’s stock worth $3,711,000 after acquiring an additional 2,129 shares during the last quarter. Vantage Financial Partners LLC lifted its holdings in shares of Vanguard Mid-Cap ETF by 6.2% in the 4th quarter. Vantage Financial Partners LLC now owns 2,845 shares of the company’s stock worth $752,000 after acquiring an additional 166 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in shares of Vanguard Mid-Cap ETF in the 4th quarter worth approximately $17,999,000.

Vanguard Mid-Cap ETF Stock Performance

Shares of VO opened at $265.78 on Thursday. The firm has a market cap of $225.72 billion, a price-to-earnings ratio of 22.74 and a beta of 1.10. Vanguard Mid-Cap ETF has a fifty-two week low of $234.18 and a fifty-two week high of $285.60. The firm has a 50 day moving average price of $271.50 and a 200-day moving average price of $268.58.

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.