Vanguard Mid-Cap ETF (NYSEARCA:VO) is Cranbrook Wealth Management LLC’s 4th Largest Position

Cranbrook Wealth Management LLC lowered its position in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 0.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 102,707 shares of the company’s stock after selling 289 shares during the period. Vanguard Mid-Cap ETF accounts for approximately 6.1% of Cranbrook Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. Cranbrook Wealth Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $24,865,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Morningstar Investment Services LLC grew its holdings in shares of Vanguard Mid-Cap ETF by 78.3% in the fourth quarter. Morningstar Investment Services LLC now owns 1,356,291 shares of the company’s stock valued at $317,304,000 after purchasing an additional 595,576 shares during the period. Cetera Investment Advisers grew 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 buying an additional 584,356 shares during the period. Pathstone Holdings LLC acquired a new stake in shares of Vanguard Mid-Cap ETF during the 4th quarter worth approximately $132,881,000. Natixis Advisors LLC raised its position in shares of Vanguard Mid-Cap ETF by 19.7% during the 2nd quarter. Natixis Advisors LLC now owns 1,760,991 shares of the company’s stock valued at $426,336,000 after buying an additional 290,003 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new position in Vanguard Mid-Cap ETF in the second quarter valued at approximately $56,294,000.

Vanguard Mid-Cap ETF Stock Performance

Shares of Vanguard Mid-Cap ETF stock opened at $258.72 on Tuesday. The stock has a 50 day moving average of $250.11 and a 200 day moving average of $245.80. The firm has a market capitalization of $66.90 billion, a price-to-earnings ratio of 19.64 and a beta of 0.98. Vanguard Mid-Cap ETF has a fifty-two week low of $194.79 and a fifty-two week high of $259.24.

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.