Vanguard Mid-Cap ETF (NYSEARCA:VO) Shares Purchased by Cascades Capital Asset Management LLC

Cascades Capital Asset Management LLC boosted its holdings in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 13.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 16,333 shares of the company’s stock after buying an additional 1,908 shares during the period. Vanguard Mid-Cap ETF accounts for 2.3% of Cascades Capital Asset Management LLC’s investment portfolio, making the stock its 10th largest holding. Cascades Capital Asset Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $4,314,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VO. Russell Investments Group Ltd. grew its stake in shares of Vanguard Mid-Cap ETF by 13.1% during the fourth quarter. Russell Investments Group Ltd. now owns 1,740 shares of the company’s stock worth $460,000 after purchasing an additional 201 shares in the last quarter. Wedbush Securities Inc. lifted its position in shares of Vanguard Mid-Cap ETF by 59.2% during the 4th quarter. Wedbush Securities Inc. now owns 14,095 shares of the company’s stock worth $3,723,000 after buying an additional 5,241 shares during the last quarter. Perennial Investment Advisors LLC lifted its position in shares of Vanguard Mid-Cap ETF by 14.6% during the 4th quarter. Perennial Investment Advisors LLC now owns 6,754 shares of the company’s stock worth $1,784,000 after buying an additional 861 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Vanguard Mid-Cap ETF by 0.5% in the 4th quarter. Wells Fargo & Company MN now owns 22,395,761 shares of the company’s stock valued at $5,915,392,000 after buying an additional 113,067 shares in the last quarter. Finally, Astra Wealth Partners LLC purchased a new position in shares of Vanguard Mid-Cap ETF in the 4th quarter valued at $508,000.

Vanguard Mid-Cap ETF Stock Performance

Vanguard Mid-Cap ETF stock opened at $234.28 on Friday. The company has a market capitalization of $232.40 billion, a P/E ratio of 21.62 and a beta of 1.11. Vanguard Mid-Cap ETF has a fifty-two week low of $233.61 and a fifty-two week high of $285.60. The stock has a 50-day simple moving average of $266.76 and a 200-day simple moving average of $269.04.

Vanguard Mid-Cap ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $1.1671 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from Vanguard Mid-Cap ETF’s previous dividend of $0.93.

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.