Lee Danner & Bass Inc. Makes New $632,000 Investment in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Lee Danner & Bass Inc. bought a new stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) during the second quarter, HoldingsChannel reports. The institutional investor bought 2,610 shares of the company’s stock, valued at approximately $632,000.

Other hedge funds also recently modified their holdings of the company. Morningstar Investment Services LLC grew its stake in shares of Vanguard Mid-Cap ETF by 78.3% during the fourth quarter. Morningstar Investment Services LLC now owns 1,356,291 shares of the company’s stock worth $317,304,000 after purchasing an additional 595,576 shares during the period. Cetera Investment Advisers increased its stake in shares of Vanguard Mid-Cap ETF by 524.1% in the 1st quarter. Cetera Investment Advisers now owns 695,861 shares of the company’s stock valued at $173,868,000 after acquiring an additional 584,356 shares during the last quarter. Pathstone Holdings LLC bought a new stake in shares of Vanguard Mid-Cap ETF in the 4th quarter valued at about $132,881,000. Simplicity Wealth LLC raised its position in shares of Vanguard Mid-Cap ETF by 26,407.1% in the 1st quarter. Simplicity Wealth LLC now owns 354,400 shares of the company’s stock valued at $88,550,000 after acquiring an additional 353,063 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in Vanguard Mid-Cap ETF by 10.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,274,175 shares of the company’s stock worth $550,578,000 after acquiring an additional 221,767 shares during the last quarter.

Vanguard Mid-Cap ETF Stock Performance

Shares of NYSEARCA VO opened at $258.14 on Friday. The firm has a 50 day moving average price of $247.23 and a 200 day moving average price of $244.19. The stock has a market cap of $66.75 billion, a P/E ratio of 19.64 and a beta of 0.98. Vanguard Mid-Cap ETF has a 52-week low of $194.79 and a 52-week high of $258.29.

Vanguard Mid-Cap ETF Company 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.