Phillips Financial Management LLC Has $28.03 Million Stock Position in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Phillips Financial Management LLC reduced its position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 3.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 106,230 shares of the company’s stock after selling 3,612 shares during the quarter. Vanguard Mid-Cap ETF comprises 2.2% of Phillips Financial Management LLC’s holdings, making the stock its 14th biggest position. Phillips Financial Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $28,027,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Fairfield Financial Advisors LTD acquired a new stake in shares of Vanguard Mid-Cap ETF during the second quarter worth $26,000. Redmont Wealth Advisors LLC boosted its holdings in Vanguard Mid-Cap ETF by 147.8% during the third quarter. Redmont Wealth Advisors LLC now owns 166 shares of the company’s stock worth $44,000 after buying an additional 99 shares during the last quarter. Pathway Financial Advisers LLC acquired a new position in shares of Vanguard Mid-Cap ETF during the 1st quarter worth about $44,000. LRI Investments LLC bought a new stake in shares of Vanguard Mid-Cap ETF in the 1st quarter valued at about $45,000. Finally, Northwest Investment Counselors LLC acquired a new stake in shares of Vanguard Mid-Cap ETF in the 3rd quarter valued at approximately $51,000.

Vanguard Mid-Cap ETF Price Performance

Vanguard Mid-Cap ETF stock opened at $272.32 on Monday. The firm has a market capitalization of $70.42 billion, a price-to-earnings ratio of 19.64 and a beta of 0.98. The company’s 50 day simple moving average is $265.01 and its 200 day simple moving average is $253.08. Vanguard Mid-Cap ETF has a fifty-two week low of $212.28 and a fifty-two week high of $279.67.

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.