Principal Financial Group Inc. Cuts Stake in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Principal Financial Group Inc. lowered its stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 51.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,537 shares of the company’s stock after selling 30,184 shares during the period. Principal Financial Group Inc.’s holdings in Vanguard Mid-Cap ETF were worth $7,529,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Fairfield Financial Advisors LTD bought a new stake in Vanguard Mid-Cap ETF in the second quarter worth $26,000. Pathway Financial Advisers LLC bought a new position in shares of Vanguard Mid-Cap ETF in the first quarter worth about $44,000. Redmont Wealth Advisors LLC lifted its holdings in Vanguard Mid-Cap ETF by 147.8% during the third quarter. Redmont Wealth Advisors LLC now owns 166 shares of the company’s stock valued at $44,000 after purchasing an additional 99 shares in the last quarter. LRI Investments LLC purchased a new position in shares of Vanguard Mid-Cap ETF during the 1st quarter valued at $45,000. Finally, Financial Connections Group Inc. bought a new position in shares of Vanguard Mid-Cap ETF in the second quarter worth about $49,000.

Vanguard Mid-Cap ETF Trading Up 0.3 %

VO opened at $274.60 on Wednesday. The firm has a market cap of $71.01 billion, a P/E ratio of 19.64 and a beta of 0.98. The stock has a 50-day moving average of $265.90 and a 200 day moving average of $253.56. Vanguard Mid-Cap ETF has a 12 month low of $213.23 and a 12 month high of $279.67.

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.