Ritholtz Wealth Management Reduces Stake in Vanguard Mid-Cap ETF (NYSEARCA:VO)
Ritholtz Wealth Management has reduced its holdings in the Vanguard Mid-Cap ETF (NYSEARCA:VO) by 2.6% during the fourth quarter. According to reports, the firm now holds 5,499 shares of this ETF after selling 146 shares during the quarter. As of the latest reporting period, Ritholtz Wealth Management's holdings were valued at approximately $1,452,000.
In addition to Ritholtz, other institutional investors have also made adjustments to their positions in the Vanguard Mid-Cap ETF. For instance, McGuire Investment Group LLC increased its stake by 2.1% in the third quarter, acquiring an additional 38 shares to reach a holding of 1,817 shares, now valued at $479,000. Similarly, Diversify Advisory Services LLC raised its investment in the ETF by 1.5%, bringing its total shares to 2,545, worth $679,000 after the same increase.
Missouri Trust & Investment Co also saw a slight increase in its holdings by 0.4%, owning 9,742 shares valued at about $2,570,000 after acquiring 38 new shares. First National Bank of Omaha made a smaller increase of 0.3%, with a new total of 12,810 shares valued at $3,380,000 following the addition of 38 shares.
Eastern Bank raised its stake by 4.5% in the fourth quarter, now owning 898 shares worth approximately $237,000 after buying 39 additional shares.
Performance of Vanguard Mid-Cap ETF
On Friday, shares of the Vanguard Mid-Cap ETF traded at $273.82. The ETF has a market capitalization of $70.80 billion, a price-to-earnings (PE) ratio of 19.64, and a beta of 0.98, making it relatively stable compared to the market as a whole. Over the past year, the ETF has seen a low of $225.05 and a high of $285.60, with its fifty-day and 200-day simple moving averages at $273.52 and $262.05, respectively.
About Vanguard Mid-Cap ETF
The Vanguard Mid-Cap ETF is designed to track the performance of the MSCI US Mid Cap 450 Index, which includes medium-sized companies in the United States. The fund aims to hold all stocks in the same capitalization weighting as the index, making it a popular choice among investors looking for exposure to mid-cap stocks. The Vanguard Group, Inc. serves as the fund's investment advisor through its Quantitative Equity Group.
Further Information
For those looking to see what other hedge funds are holding shares of the Vanguard Mid-Cap ETF, it is advisable to review the latest 13F filings and insider trades.
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