Riverbend Wealth Management LLC Buys New Position in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Riverbend Wealth Management LLC purchased a new position in Vanguard Mid-Cap ETF (NYSEARCA:VO) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,356 shares of the company’s stock, valued at approximately $1,425,000. Vanguard Mid-Cap ETF accounts for about 1.3% of Riverbend Wealth Management LLC’s portfolio, making the stock its 21st biggest position.

Several other large investors have also added to or reduced their stakes in VO. Davis R M Inc. lifted its holdings in Vanguard Mid-Cap ETF by 96.2% in the fourth quarter. Davis R M Inc. now owns 1,715 shares of the company’s stock worth $453,000 after buying an additional 841 shares during the period. Grant Street Asset Management Inc. raised its position in shares of Vanguard Mid-Cap ETF by 6.0% in the 4th quarter. Grant Street Asset Management Inc. now owns 21,468 shares of the company’s stock worth $5,670,000 after acquiring an additional 1,213 shares in the last quarter. Vista Investment Partners II LLC purchased a new position in shares of Vanguard Mid-Cap ETF in the 4th quarter valued at approximately $465,000. Independent Advisor Alliance boosted its position in shares of Vanguard Mid-Cap ETF by 6,229.8% during the fourth quarter. Independent Advisor Alliance now owns 82,920 shares of the company’s stock valued at $21,902,000 after purchasing an additional 81,610 shares in the last quarter. Finally, Johnson Investment Counsel Inc. boosted its position in shares of Vanguard Mid-Cap ETF by 0.8% during the fourth quarter. Johnson Investment Counsel Inc. now owns 24,069 shares of the company’s stock valued at $6,357,000 after purchasing an additional 181 shares in the last quarter.

Vanguard Mid-Cap ETF Trading Down 2.0 %

VO opened at $257.51 on Tuesday. The company has a market cap of $218.69 billion, a price-to-earnings ratio of 22.74 and a beta of 1.10. The stock has a fifty day simple moving average of $271.13 and a two-hundred day simple moving average of $268.84. Vanguard Mid-Cap ETF has a 12-month low of $234.18 and a 12-month high of $285.60.

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.