Canandaigua National Bank & Trust Co. Makes New $10.61 Million Investment in Vanguard Mid-Cap ETF $VO

Canandaigua National Bank & Trust Co. purchased a new position in Vanguard Mid-Cap ETF (NYSEARCA:VO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 135,257 shares of the company’s stock, valued at approximately $10,607,000. Vanguard Mid-Cap ETF makes up about 0.9% of Canandaigua National Bank & Trust Co.’s portfolio, making the stock its 21st biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Exchange Bank lifted its stake in Vanguard Mid-Cap ETF by 17.8% in the 3rd quarter. Exchange Bank now owns 3,024 shares of the company’s stock valued at $237,000 after buying an additional 456 shares in the last quarter. Bath Savings Trust Co purchased a new stake in Vanguard Mid-Cap ETF during the 3rd quarter worth approximately $1,505,000. Investors Research Corp increased its stake in Vanguard Mid-Cap ETF by 2,235.7% during the 3rd quarter. Investors Research Corp now owns 654 shares of the company’s stock worth $51,000 after buying an additional 626 shares in the last quarter. North Point Portfolio Managers Corp OH acquired a new position in shares of Vanguard Mid-Cap ETF during the third quarter valued at approximately $58,000. Finally, Seven Bridges Advisors LLC acquired a new position in shares of Vanguard Mid-Cap ETF during the third quarter valued at approximately $21,220,000.

Vanguard Mid-Cap ETF Stock Down 1.0%

Shares of NYSEARCA VO traded down $0.84 during midday trading on Wednesday, hitting $80.14. The stock had a trading volume of 2,863,615 shares, compared to its average volume of 2,966,268. The stock has a 50 day simple moving average of $81.53 and a 200-day simple moving average of $78.99. The company has a market capitalization of $105.63 billion, a PE ratio of 21.50 and a beta of 1.00. Vanguard Mid-Cap ETF has a 1 year low of $69.44 and a 1 year high of $84.59.

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.