Cornerstone Advisory LLC Grows Position in Vanguard Mid-Cap ETF $VO

Cornerstone Advisory LLC lifted its position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 18.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,032 shares of the company’s stock after purchasing an additional 12,088 shares during the quarter. Vanguard Mid-Cap ETF accounts for approximately 2.3% of Cornerstone Advisory LLC’s portfolio, making the stock its 12th largest holding. Cornerstone Advisory LLC’s holdings in Vanguard Mid-Cap ETF were worth $23,215,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its holdings in Vanguard Mid-Cap ETF by 9.7% during the third quarter. Jones Financial Companies Lllp now owns 23,008,930 shares of the company’s stock worth $6,728,667,000 after buying an additional 2,027,374 shares in the last quarter. Midwest Trust Co purchased a new stake in shares of Vanguard Mid-Cap ETF during the 2nd quarter worth about $265,221,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Mid-Cap ETF by 7.7% during 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 acquiring an additional 482,160 shares during the period. Corient Private Wealth LLC grew its position in shares of Vanguard Mid-Cap ETF by 103.7% during the 2nd quarter. Corient Private Wealth LLC now owns 799,124 shares of the company’s stock valued at $223,786,000 after acquiring an additional 406,742 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of 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 valued at $1,838,110,000 after purchasing an additional 382,607 shares in the last quarter.

Vanguard Mid-Cap ETF Trading Up 1.3%

Shares of VO stock opened at $302.14 on Tuesday. Vanguard Mid-Cap ETF has a 12-month low of $223.65 and a 12-month high of $305.83. The business’s 50 day moving average is $296.87 and its two-hundred day moving average is $292.10. The company has a market capitalization of $94.94 billion, a P/E 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.