Brown Miller Wealth Management LLC Raises Stake in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Brown Miller Wealth Management LLC boosted its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 2.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 10,326 shares of the company’s stock after buying an additional 288 shares during the period. Vanguard Mid-Cap ETF makes up about 1.2% of Brown Miller Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. Brown Miller Wealth Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $2,402,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Moneta Group Investment Advisors LLC increased its holdings in shares of Vanguard Mid-Cap ETF by 125,955.9% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 335,216,609 shares of the company’s stock valued at $68,320,497,000 after acquiring an additional 334,950,682 shares during the last quarter. TIAA Trust National Association purchased a new position in Vanguard Mid-Cap ETF in the third quarter valued at about $449,086,000. Charles Schwab Investment Management Inc. purchased a new stake in shares of Vanguard Mid-Cap ETF during the 3rd quarter worth about $153,611,000. Morgan Stanley grew its stake in shares of Vanguard Mid-Cap ETF by 8.2% in the 4th quarter. Morgan Stanley now owns 6,816,153 shares of the company’s stock valued at $1,389,201,000 after buying an additional 517,671 shares in the last quarter. Finally, First Command Advisory Services Inc. bought a new position in Vanguard Mid-Cap ETF during the third quarter valued at approximately $90,808,000.

Vanguard Mid-Cap ETF Price Performance

Shares of VO stock traded up $0.46 during trading on Thursday, reaching $249.76. The company had a trading volume of 459,837 shares, compared to its average volume of 639,999. Vanguard Mid-Cap ETF has a one year low of $194.79 and a one year high of $250.41. The firm’s 50 day simple moving average is $237.71 and its two-hundred day simple moving average is $223.53. The company has a market capitalization of $61.98 billion, a PE ratio of 17.60 and a beta of 1.08.

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.