Vanguard Mid-Cap ETF (NYSEARCA:VO) is Ballast Inc.’s Largest Position

Ballast Inc. grew its position in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 1.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 131,625 shares of the company’s stock after buying an additional 1,722 shares during the period. Vanguard Mid-Cap ETF accounts for approximately 9.6% of Ballast Inc.’s investment portfolio, making the stock its largest position. Ballast Inc.’s holdings in Vanguard Mid-Cap ETF were worth $34,041,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in VO. GAMMA Investing LLC grew its stake in shares of Vanguard Mid-Cap ETF by 144,527.8% in the 1st quarter. GAMMA Investing LLC now owns 1,238,014 shares of the company’s stock valued at $320,175,000 after buying an additional 1,237,158 shares during the period. Wealthspire Advisors LLC boosted its position in shares of Vanguard Mid-Cap ETF by 100.8% during the 1st quarter. Wealthspire Advisors LLC now owns 1,119,086 shares of the company’s stock worth $289,418,000 after purchasing an additional 561,872 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Mid-Cap ETF by 14.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,183,217 shares of the company’s stock worth $823,243,000 after purchasing an additional 403,326 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Vanguard Mid-Cap ETF by 57.8% during the 1st quarter. Bank of New York Mellon Corp now owns 1,050,401 shares of the company’s stock worth $271,655,000 after purchasing an additional 384,888 shares during the period. Finally, Natixis Advisors LLC boosted its position in shares of Vanguard Mid-Cap ETF by 11.3% during the 1st quarter. Natixis Advisors LLC now owns 2,427,941 shares of the company’s stock worth $627,914,000 after purchasing an additional 246,944 shares during the period.

Vanguard Mid-Cap ETF Stock Performance

NYSEARCA:VO opened at $283.54 on Monday. The stock has a market capitalization of $85.19 billion, a P/E ratio of 21.50 and a beta of 1.08. The company has a 50 day moving average price of $280.05 and a 200 day moving average price of $268.49. Vanguard Mid-Cap ETF has a fifty-two week low of $223.65 and a fifty-two week high of $289.98.

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.