Optivise Advisory Services LLC Buys Shares of 2,441 Vanguard Mid-Cap ETF (NYSEARCA:VO)

Optivise Advisory Services LLC purchased a new position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) in the third quarter, HoldingsChannel reports. The fund purchased 2,441 shares of the company’s stock, valued at approximately $644,000.

A number of other institutional investors have also modified their holdings of VO. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Mid-Cap ETF by 1.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,298,281 shares of the company’s stock worth $1,282,736,000 after purchasing an additional 94,950 shares during the period. Raymond James & Associates raised its position in shares of Vanguard Mid-Cap ETF by 1.6% in the 2nd quarter. Raymond James & Associates now owns 3,874,342 shares of the company’s stock worth $937,978,000 after buying an additional 60,213 shares during the period. LPL Financial LLC boosted its holdings in Vanguard Mid-Cap ETF by 2.5% in the third quarter. LPL Financial LLC now owns 2,888,967 shares of the company’s stock valued at $762,196,000 after acquiring an additional 70,333 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Mid-Cap ETF by 1.1% during the second quarter. Envestnet Asset Management Inc. now owns 2,814,769 shares of the company’s stock worth $681,456,000 after acquiring an additional 30,019 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of Vanguard Mid-Cap ETF by 10.8% in 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 purchasing an additional 221,767 shares during the period.

Vanguard Mid-Cap ETF Stock Performance

Shares of NYSEARCA:VO opened at $281.84 on Friday. The stock has a 50-day simple moving average of $267.33 and a 200-day simple moving average of $254.15. The stock has a market capitalization of $72.88 billion, a P/E ratio of 19.64 and a beta of 0.98. Vanguard Mid-Cap ETF has a 1 year low of $215.22 and a 1 year high of $282.13.

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.