D.B. Root & Company LLC Invests $5.14 Million in Vanguard Mid-Cap ETF (NYSEARCA:VO)

D.B. Root & Company LLC purchased a new stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 19,475 shares of the company’s stock, valued at approximately $5,144,000. Vanguard Mid-Cap ETF accounts for about 1.6% of D.B. Root & Company LLC’s portfolio, making the stock its 11th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pin Oak Investment Advisors Inc. bought a new stake in Vanguard Mid-Cap ETF in the third quarter worth about $35,000. Redmont Wealth Advisors LLC increased its stake in Vanguard Mid-Cap ETF by 147.8% in the 3rd quarter. Redmont Wealth Advisors LLC now owns 166 shares of the company’s stock worth $44,000 after buying an additional 99 shares during the period. Northwest Investment Counselors LLC bought a new stake in Vanguard Mid-Cap ETF during the 3rd quarter valued at about $51,000. Hazlett Burt & Watson Inc. boosted its position in Vanguard Mid-Cap ETF by 29.1% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 204 shares of the company’s stock valued at $54,000 after buying an additional 46 shares during the period. Finally, Armstrong Advisory Group Inc. grew its stake in Vanguard Mid-Cap ETF by 112.1% in the 4th quarter. Armstrong Advisory Group Inc. now owns 246 shares of the company’s stock worth $65,000 after acquiring an additional 130 shares in the last quarter.

Vanguard Mid-Cap ETF Stock Down 0.3 %

VO opened at $276.68 on Thursday. Vanguard Mid-Cap ETF has a 52 week low of $228.17 and a 52 week high of $285.60. The stock’s fifty day moving average is $273.44 and its two-hundred day moving average is $262.91. The company has a market capitalization of $71.54 billion, a P/E ratio of 19.64 and a beta of 0.98.

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.