Cornerstone Advisors Asset Management LLC Invests $464,000 in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Cornerstone Advisors Asset Management LLC acquired a new position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,757 shares of the company’s stock, valued at approximately $464,000.

Several other institutional investors and hedge funds have also made changes to their positions in VO. Wagner Wealth Management LLC purchased a new stake in shares of Vanguard Mid-Cap ETF in the 4th quarter valued at $26,000. AlphaMark Advisors LLC purchased a new stake in Vanguard Mid-Cap ETF in the fourth quarter valued at $34,000. Pin Oak Investment Advisors Inc. purchased a new stake in Vanguard Mid-Cap ETF in the third quarter valued at $35,000. Raleigh Capital Management Inc. boosted its holdings in Vanguard Mid-Cap ETF by 907.1% in the fourth quarter. Raleigh Capital Management Inc. now owns 141 shares of the company’s stock valued at $37,000 after purchasing an additional 127 shares during the last quarter. Finally, Wingate Wealth Advisors Inc. purchased a new stake in Vanguard Mid-Cap ETF in the fourth quarter valued at $38,000.

Vanguard Mid-Cap ETF Stock Up 0.7 %

Shares of VO opened at $277.57 on Wednesday. Vanguard Mid-Cap ETF has a 52 week low of $233.42 and a 52 week high of $285.60. The company has a market capitalization of $71.77 billion, a price-to-earnings ratio of 19.64 and a beta of 0.98. The stock’s 50-day moving average price is $271.85 and its 200-day moving average price is $266.80.

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.