Sandy Cove Advisors LLC Has $21.92 Million Stock Position in Vanguard Mid-Cap ETF $VO

Sandy Cove Advisors LLC grew its stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 342.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 272,085 shares of the company’s stock after buying an additional 210,626 shares during the period. Vanguard Mid-Cap ETF accounts for about 5.5% of Sandy Cove Advisors LLC’s holdings, making the stock its 5th largest position. Sandy Cove Advisors LLC’s holdings in Vanguard Mid-Cap ETF were worth $21,922,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Versant Capital Management Inc raised its position in shares of Vanguard Mid-Cap ETF by 300.0% during the second quarter. Versant Capital Management Inc now owns 376 shares of the company’s stock valued at $30,000 after buying an additional 282 shares during the last quarter. Birchwood Financial Partners Inc. acquired a new stake in Vanguard Mid-Cap ETF during the fourth quarter worth about $30,000. Luken Investment Analytics LLC acquired a new stake in Vanguard Mid-Cap ETF during the fourth quarter worth about $31,000. Core Wealth Advisors LLC bought a new position in Vanguard Mid-Cap ETF during the fourth quarter valued at about $31,000. Finally, Timmons Wealth Management LLC bought a new position in Vanguard Mid-Cap ETF during the fourth quarter valued at about $31,000.

Vanguard Mid-Cap ETF Stock Up 1.4%

Vanguard Mid-Cap ETF stock opened at $82.89 on Wednesday. The business has a 50 day moving average price of $80.19 and a two-hundred day moving average price of $76.87. The stock has a market cap of $108.99 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99. Vanguard Mid-Cap ETF has a 12 month low of $69.44 and a 12 month high of $83.04.

Vanguard Mid-Cap ETF Company 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.