Welch & Forbes LLC Cuts Stake in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Welch & Forbes LLC cut its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 2.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,913 shares of the company’s stock after selling 300 shares during the quarter. Welch & Forbes LLC’s holdings in Vanguard Mid-Cap ETF were worth $2,306,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. DiNuzzo Private Wealth Inc. purchased a new position in shares of Vanguard Mid-Cap ETF in the 4th quarter worth approximately $28,000. Orion Capital Management LLC purchased a new position in Vanguard Mid-Cap ETF in the third quarter worth $30,000. Signature Resources Capital Management LLC acquired a new position in shares of Vanguard Mid-Cap ETF during the fourth quarter worth $30,000. Peoples Bank KS purchased a new stake in shares of Vanguard Mid-Cap ETF during the 3rd quarter valued at $31,000. Finally, Financial Perspectives Inc acquired a new stake in shares of Vanguard Mid-Cap ETF in the 4th quarter worth $31,000.

Vanguard Mid-Cap ETF Stock Performance

VO stock traded up $0.33 during trading on Tuesday, reaching $243.97. The company had a trading volume of 348,180 shares, compared to its average volume of 643,856. Vanguard Mid-Cap ETF has a twelve month low of $194.79 and a twelve month high of $250.41. The company has a market cap of $63.09 billion, a price-to-earnings ratio of 19.64 and a beta of 0.98. The firm has a 50-day simple moving average of $242.75 and a 200-day simple moving average of $230.23.

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.