Spectrum Investment Advisors Inc. Makes New Investment in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Spectrum Investment Advisors Inc. bought a new position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,817 shares of the company’s stock, valued at approximately $4,313,000. Vanguard Mid-Cap ETF comprises approximately 3.2% of Spectrum Investment Advisors Inc.’s investment portfolio, making the stock its 10th largest holding.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Morningstar Investment Services LLC grew its holdings in shares of Vanguard Mid-Cap ETF by 78.3% during the 4th quarter. Morningstar Investment Services LLC now owns 1,356,291 shares of the company’s stock worth $317,304,000 after purchasing an additional 595,576 shares during the period. Cetera Investment Advisers lifted its position in shares of Vanguard Mid-Cap ETF by 524.1% during the 1st quarter. Cetera Investment Advisers now owns 695,861 shares of the company’s stock worth $173,868,000 after buying an additional 584,356 shares during the last quarter. Pathstone Holdings LLC purchased a new stake in Vanguard Mid-Cap ETF in the fourth quarter valued at $132,881,000. Simplicity Wealth LLC boosted its stake in Vanguard Mid-Cap ETF by 26,407.1% in the first quarter. Simplicity Wealth LLC now owns 354,400 shares of the company’s stock valued at $88,550,000 after acquiring an additional 353,063 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of Vanguard Mid-Cap ETF by 10.8% during the second 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 last quarter.

Vanguard Mid-Cap ETF Trading Up 0.8 %

Shares of NYSEARCA:VO traded up $2.08 during midday trading on Friday, hitting $258.20. The stock had a trading volume of 318,027 shares, compared to its average volume of 579,624. The company has a market capitalization of $66.77 billion, a PE ratio of 19.64 and a beta of 0.98. Vanguard Mid-Cap ETF has a 1 year low of $194.79 and a 1 year high of $258.29. The stock has a 50 day moving average price of $247.51 and a two-hundred day moving average price of $244.34.

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.