Spectrum Investment Advisors Inc. Increases Stock Holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Spectrum Investment Advisors Inc. grew its position in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 2.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,190 shares of the company’s stock after buying an additional 373 shares during the period. Vanguard Mid-Cap ETF accounts for about 3.3% of Spectrum Investment Advisors Inc.’s portfolio, making the stock its 10th largest position. Spectrum Investment Advisors Inc.’s holdings in Vanguard Mid-Cap ETF were worth $4,799,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its position in Vanguard Mid-Cap ETF by 1.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,298,281 shares of the company’s stock valued at $1,282,736,000 after buying an additional 94,950 shares in the last quarter. Raymond James & Associates lifted its holdings in Vanguard Mid-Cap ETF by 1.6% in the second quarter. Raymond James & Associates now owns 3,874,342 shares of the company’s stock valued at $937,978,000 after acquiring an additional 60,213 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Mid-Cap ETF by 1.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,814,769 shares of the company’s stock valued at $681,456,000 after purchasing an additional 30,019 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Vanguard Mid-Cap ETF by 10.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,274,175 shares of the company’s stock worth $550,578,000 after buying an additional 221,767 shares in the last quarter. Finally, Natixis Advisors LLC grew its position in Vanguard Mid-Cap ETF by 19.7% during the second quarter. Natixis Advisors LLC now owns 1,760,991 shares of the company’s stock valued at $426,336,000 after buying an additional 290,003 shares during the period.

Vanguard Mid-Cap ETF Stock Performance

VO opened at $272.38 on Friday. The company has a fifty day moving average of $265.01 and a two-hundred day moving average of $252.87. Vanguard Mid-Cap ETF has a fifty-two week low of $212.28 and a fifty-two week high of $279.67. The stock has a market capitalization of $70.43 billion, a price-to-earnings ratio of 19.64 and a beta of 0.98.

About Vanguard Mid-Cap ETF

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.