Avidian Wealth Enterprises LLC Decreases Stock Holdings in Vanguard Mid-Cap ETF $VO

Avidian Wealth Enterprises LLC lessened its stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 9.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 48,756 shares of the company’s stock after selling 5,368 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Vanguard Mid-Cap ETF were worth $14,322,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Creative Planning increased its stake in shares of Vanguard Mid-Cap ETF by 2.4% during the second quarter. Creative Planning now owns 8,406,520 shares of the company’s stock worth $2,352,397,000 after purchasing an additional 194,518 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Mid-Cap ETF by 7.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,733,309 shares of the company’s stock valued at $1,884,182,000 after buying an additional 482,160 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Vanguard Mid-Cap ETF by 6.2% in the 2nd quarter. Raymond James Financial Inc. now owns 6,568,668 shares of the company’s stock worth $1,838,110,000 after buying an additional 382,607 shares during the last quarter. US Bancorp DE increased its stake in Vanguard Mid-Cap ETF by 2,677.1% during the 2nd quarter. US Bancorp DE now owns 4,241,845 shares of the company’s stock worth $1,186,997,000 after buying an additional 4,089,100 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Vanguard Mid-Cap ETF by 2.5% during the second quarter. Ameriprise Financial Inc. now owns 3,473,570 shares of the company’s stock valued at $971,848,000 after acquiring an additional 85,010 shares during the last quarter.

Vanguard Mid-Cap ETF Stock Performance

Shares of VO opened at $295.20 on Wednesday. The stock has a 50 day moving average price of $292.44 and a 200 day moving average price of $290.13. Vanguard Mid-Cap ETF has a one year low of $223.65 and a one year high of $302.54. The stock has a market capitalization of $92.76 billion, a price-to-earnings ratio of 21.50 and a beta of 1.04.

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.