Meridian Wealth Management LLC Makes New $2.61 Million Investment in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Meridian Wealth Management LLC acquired a new position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 9,898 shares of the company’s stock, valued at approximately $2,611,000.

Several other large investors have also recently added to or reduced their stakes in VO. Covenant Asset Management LLC increased its position in shares of Vanguard Mid-Cap ETF by 8.0% in the third quarter. Covenant Asset Management LLC now owns 3,832 shares of the company’s stock worth $1,011,000 after purchasing an additional 284 shares during the period. Asset Management Group Inc. increased its position in shares of Vanguard Mid-Cap ETF by 8.8% in the third quarter. Asset Management Group Inc. now owns 44,250 shares of the company’s stock worth $11,675,000 after purchasing an additional 3,584 shares during the period. Citigroup Inc. increased its position in shares of Vanguard Mid-Cap ETF by 69.3% in the third quarter. Citigroup Inc. now owns 32,591 shares of the company’s stock worth $8,598,000 after purchasing an additional 13,345 shares during the period. Raymond James Trust N.A. increased its position in shares of Vanguard Mid-Cap ETF by 10.1% in the third quarter. Raymond James Trust N.A. now owns 95,384 shares of the company’s stock worth $25,165,000 after purchasing an additional 8,760 shares during the period. Finally, First County Bank CT increased its position in shares of Vanguard Mid-Cap ETF by 21.2% in the third quarter. First County Bank CT now owns 4,498 shares of the company’s stock worth $1,187,000 after purchasing an additional 786 shares during the period.

Vanguard Mid-Cap ETF Stock Up 0.9 %

Vanguard Mid-Cap ETF stock opened at $281.84 on Friday. Vanguard Mid-Cap ETF has a 12-month low of $215.22 and a 12-month high of $282.13. The business’s 50-day moving average price is $267.33 and its two-hundred day moving average price is $254.15. The stock has a market cap of $72.88 billion, a PE ratio of 19.64 and a beta of 0.98.

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.