Sagace Wealth Management LLC Increases Position in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Sagace Wealth Management LLC boosted its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 0.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 34,046 shares of the company’s stock after buying an additional 142 shares during the quarter. Vanguard Mid-Cap ETF accounts for 6.6% of Sagace Wealth Management LLC’s holdings, making the stock its 2nd largest position. Sagace Wealth Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $8,805,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Zhang Financial LLC grew its position in Vanguard Mid-Cap ETF by 4.9% in the first quarter. Zhang Financial LLC now owns 70,141 shares of the company’s stock worth $18,140,000 after buying an additional 3,256 shares during the last quarter. Noble Wealth Management PBC grew its position in Vanguard Mid-Cap ETF by 7.6% in the first quarter. Noble Wealth Management PBC now owns 2,588 shares of the company’s stock worth $669,000 after buying an additional 182 shares during the last quarter. Trinity Financial Advisors LLC grew its position in Vanguard Mid-Cap ETF by 27.6% in the first quarter. Trinity Financial Advisors LLC now owns 28,793 shares of the company’s stock worth $7,446,000 after buying an additional 6,228 shares during the last quarter. InTrack Investment Management Inc grew its position in Vanguard Mid-Cap ETF by 53.5% during the 1st quarter. InTrack Investment Management Inc now owns 7,627 shares of the company’s stock worth $1,972,000 after purchasing an additional 2,658 shares in the last quarter. Finally, Donaldson Capital Management LLC purchased a new position in Vanguard Mid-Cap ETF during the 1st quarter worth approximately $331,000.

Vanguard Mid-Cap ETF Stock Performance

NYSEARCA VO opened at $273.38 on Thursday. The firm’s 50 day moving average price is $259.20 and its two-hundred day moving average price is $266.16. The stock has a market cap of $271.18 billion, a price-to-earnings ratio of 21.67 and a beta of 1.03. Vanguard Mid-Cap ETF has a twelve month low of $223.65 and a twelve month high of $285.60.

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.