Arrow Financial Corp Sells 4,746 Shares of Vanguard Mid-Cap ETF (NYSEARCA:VO)

Arrow Financial Corp trimmed its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 3.9% in the third quarter, Holdings Channel reports. The institutional investor owned 116,099 shares of the company’s stock after selling 4,746 shares during the period. Vanguard Mid-Cap ETF makes up 2.8% of Arrow Financial Corp’s holdings, making the stock its 9th largest holding. Arrow Financial Corp’s holdings in Vanguard Mid-Cap ETF were worth $30,630,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Fairfield Financial Advisors LTD acquired a new stake in Vanguard Mid-Cap ETF during the second quarter worth about $26,000. ESL Trust Services LLC bought a new stake in shares of Vanguard Mid-Cap ETF during the 1st quarter worth approximately $32,000. Pathway Financial Advisers LLC acquired a new stake in shares of Vanguard Mid-Cap ETF during the 1st quarter worth approximately $44,000. Redmont Wealth Advisors LLC increased its stake in Vanguard Mid-Cap ETF by 147.8% in the third quarter. Redmont Wealth Advisors LLC now owns 166 shares of the company’s stock valued at $44,000 after acquiring an additional 99 shares during the last quarter. Finally, LRI Investments LLC acquired a new position in Vanguard Mid-Cap ETF during the first quarter valued at approximately $45,000.

Vanguard Mid-Cap ETF Stock Performance

Shares of VO stock opened at $276.70 on Friday. Vanguard Mid-Cap ETF has a fifty-two week low of $204.14 and a fifty-two week high of $277.10. The stock’s fifty day moving average price is $262.77 and its two-hundred day moving average price is $251.64. The company has a market cap of $71.55 billion, a PE ratio of 19.64 and a beta of 0.98.

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.