Cornerstone Wealth Group LLC Makes New Investment in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Cornerstone Wealth Group LLC acquired a new position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,012 shares of the company’s stock, valued at approximately $1,002,000.

A number of other hedge funds have also recently added to or reduced their stakes in VO. Pine Valley Investments Ltd Liability Co boosted its position in Vanguard Mid-Cap ETF by 0.5% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 8,849 shares of the company’s stock worth $2,059,000 after purchasing an additional 43 shares during the period. Dfpg Investments LLC boosted its position in shares of Vanguard Mid-Cap ETF by 1.5% in the fourth quarter. Dfpg Investments LLC now owns 2,909 shares of the company’s stock valued at $662,000 after acquiring an additional 44 shares during the period. Heirloom Wealth Management boosted its position in shares of Vanguard Mid-Cap ETF by 2.8% in the fourth quarter. Heirloom Wealth Management now owns 1,699 shares of the company’s stock valued at $395,000 after acquiring an additional 46 shares during the period. RE Dickinson Investment Advisors LLC boosted its position in shares of Vanguard Mid-Cap ETF by 0.7% in the fourth quarter. RE Dickinson Investment Advisors LLC now owns 6,951 shares of the company’s stock valued at $1,617,000 after acquiring an additional 46 shares during the period. Finally, StrategIQ Financial Group LLC boosted its position in shares of Vanguard Mid-Cap ETF by 1.3% in the fourth quarter. StrategIQ Financial Group LLC now owns 3,764 shares of the company’s stock valued at $876,000 after acquiring an additional 49 shares during the period.

Vanguard Mid-Cap ETF Stock Performance

Shares of Vanguard Mid-Cap ETF stock opened at $242.10 on Monday. The firm has a 50-day moving average of $243.47 and a 200-day moving average of $239.10. The stock has a market cap of $62.60 billion, a PE 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 $250.41.

About Vanguard Mid-Cap ETF

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.