Sheets Smith Wealth Management Lowers Stock Holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Sheets Smith Wealth Management lessened its stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,167 shares of the company’s stock after selling 115 shares during the period. Sheets Smith Wealth Management’s holdings in Vanguard Mid-Cap ETF were worth $2,950,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VO. Pin Oak Investment Advisors Inc. bought a new position in shares of Vanguard Mid-Cap ETF in the third quarter worth approximately $35,000. Redmont Wealth Advisors LLC lifted its position in Vanguard Mid-Cap ETF by 147.8% during the third quarter. Redmont Wealth Advisors LLC now owns 166 shares of the company’s stock valued at $44,000 after purchasing an additional 99 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in Vanguard Mid-Cap ETF during the third quarter worth approximately $51,000. Hazlett Burt & Watson Inc. raised its stake in shares of Vanguard Mid-Cap ETF by 29.1% in the third quarter. Hazlett Burt & Watson Inc. now owns 204 shares of the company’s stock valued at $54,000 after acquiring an additional 46 shares during the period. Finally, Armstrong Advisory Group Inc. grew its position in Vanguard Mid-Cap ETF by 112.1% in the 4th quarter. Armstrong Advisory Group Inc. now owns 246 shares of the company’s stock valued at $65,000 after acquiring an additional 130 shares during the last quarter.

Vanguard Mid-Cap ETF Price Performance

NYSEARCA:VO opened at $277.38 on Wednesday. The company has a 50-day moving average of $273.43 and a 200 day moving average of $262.56. Vanguard Mid-Cap ETF has a 1-year low of $228.17 and a 1-year high of $285.60. The firm has a market cap of $71.72 billion, a PE ratio of 19.64 and a beta of 0.98.

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.