Joel Adams & Associates Inc. Decreases Position in Vanguard Mid-Cap ETF $VO

Joel Adams & Associates Inc. decreased its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 10.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 8,861 shares of the company’s stock after selling 985 shares during the period. Vanguard Mid-Cap ETF makes up about 2.2% of Joel Adams & Associates Inc.’s portfolio, making the stock its 10th biggest position. Joel Adams & Associates Inc.’s holdings in Vanguard Mid-Cap ETF were worth $2,480,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. CCG Wealth Management LLC increased its stake in shares of Vanguard Mid-Cap ETF by 4.9% in the 2nd quarter. CCG Wealth Management LLC now owns 997 shares of the company’s stock valued at $279,000 after purchasing an additional 47 shares during the last quarter. Mitchell Sinkler & Starr PA increased its stake in shares of Vanguard Mid-Cap ETF by 23.4% in the 2nd quarter. Mitchell Sinkler & Starr PA now owns 6,197 shares of the company’s stock valued at $1,734,000 after purchasing an additional 1,174 shares during the last quarter. Landmark Wealth Management LLC increased its stake in shares of Vanguard Mid-Cap ETF by 1.3% in the 2nd quarter. Landmark Wealth Management LLC now owns 5,530 shares of the company’s stock valued at $1,547,000 after purchasing an additional 73 shares during the last quarter. Meritage Portfolio Management increased its stake in shares of Vanguard Mid-Cap ETF by 60.3% in the 2nd quarter. Meritage Portfolio Management now owns 1,367 shares of the company’s stock valued at $383,000 after purchasing an additional 514 shares during the last quarter. Finally, CWM LLC increased its stake in shares of Vanguard Mid-Cap ETF by 2.1% in the 2nd quarter. CWM LLC now owns 88,965 shares of the company’s stock valued at $24,895,000 after purchasing an additional 1,836 shares during the last quarter.

Vanguard Mid-Cap ETF Stock Down 2.3%

Shares of VO stock opened at $286.27 on Monday. The firm has a market capitalization of $87.61 billion, a P/E ratio of 21.50 and a beta of 1.08. Vanguard Mid-Cap ETF has a twelve month low of $223.65 and a twelve month high of $296.87. The stock’s fifty day simple moving average is $289.64 and its 200 day simple moving average is $275.23.

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.