Portland Global Advisors LLC Cuts Stock Position in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Portland Global Advisors LLC cut its stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 2.0% in the first quarter, HoldingsChannel.com reports. The fund owned 4,929 shares of the company’s stock after selling 100 shares during the period. Portland Global Advisors LLC’s holdings in Vanguard Mid-Cap ETF were worth $1,275,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VO. Alexis Investment Partners LLC acquired a new position in shares of Vanguard Mid-Cap ETF during the 4th quarter worth approximately $34,000. First Pacific Financial purchased a new stake in Vanguard Mid-Cap ETF in the 1st quarter valued at $34,000. Orion Capital Management LLC acquired a new stake in shares of Vanguard Mid-Cap ETF in the 4th quarter worth $38,000. Signature Resources Capital Management LLC increased its position in Vanguard Mid-Cap ETF by 83.8% during the first quarter. Signature Resources Capital Management LLC now owns 147 shares of the company’s stock worth $38,000 after purchasing an additional 67 shares during the last quarter. Finally, Goodman Advisory Group LLC acquired a new stake in shares of Vanguard Mid-Cap ETF during the 1st quarter worth approximately $43,000.

Vanguard Mid-Cap ETF Trading Up 0.8%

NYSEARCA VO opened at $289.77 on Monday. The stock has a fifty day simple moving average of $276.86 and a 200-day simple moving average of $267.51. The stock has a market cap of $87.06 billion, a PE 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 $289.84.

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.