Commonwealth Equity Services LLC Makes New $286.21 Million Investment in Vanguard Mid-Cap ETF $VO

Commonwealth Equity Services LLC purchased a new stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 3,649,714 shares of the company’s stock, valued at approximately $286,211,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Mid-Cap ETF by 320.3% in the second quarter. Envestnet Asset Management Inc. now owns 24,776,718 shares of the company’s stock valued at $1,995,989,000 after purchasing an additional 18,882,295 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Vanguard Mid-Cap ETF by 236.1% during the 2nd quarter. Allworth Financial LP now owns 5,151,020 shares of the company’s stock worth $415,018,000 after buying an additional 3,618,496 shares during the last quarter. Baird Financial Group Inc. lifted its stake in shares of Vanguard Mid-Cap ETF by 298.8% during the 2nd quarter. Baird Financial Group Inc. now owns 2,499,328 shares of the company’s stock worth $201,371,000 after buying an additional 1,872,643 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new stake in shares of Vanguard Mid-Cap ETF during the 3rd quarter worth about $142,652,000. Finally, Corient Private Wealth LP boosted its holdings in shares of Vanguard Mid-Cap ETF by 341.0% during the 2nd quarter. Corient Private Wealth LP now owns 2,182,308 shares of the company’s stock worth $175,829,000 after buying an additional 1,687,429 shares during the period.

Vanguard Mid-Cap ETF Stock Performance

Shares of VO stock opened at $79.49 on Friday. The company has a market capitalization of $104.78 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99. The company has a 50-day simple moving average of $80.79 and a 200 day simple moving average of $78.36. Vanguard Mid-Cap ETF has a 52 week low of $69.44 and a 52 week 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.