GEM Asset Management LLC Sells 181 Shares of Vanguard Mid-Cap ETF (NYSEARCA:VO)

GEM Asset Management LLC reduced its position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 1.5% in the fourth quarter, Holdings Channel reports. The fund owned 11,557 shares of the company’s stock after selling 181 shares during the quarter. Vanguard Mid-Cap ETF makes up about 1.7% of GEM Asset Management LLC’s portfolio, making the stock its 17th biggest position. GEM Asset Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $3,053,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wagner Wealth Management LLC purchased a new position in shares of Vanguard Mid-Cap ETF during the 4th quarter worth about $26,000. AlphaMark Advisors LLC bought a new position in shares of Vanguard Mid-Cap ETF during the 4th quarter worth $34,000. Pin Oak Investment Advisors Inc. bought a new position in Vanguard Mid-Cap ETF during the 3rd quarter worth about $35,000. Raleigh Capital Management Inc. boosted its stake in shares of Vanguard Mid-Cap ETF by 907.1% during the fourth quarter. Raleigh Capital Management Inc. now owns 141 shares of the company’s stock valued at $37,000 after purchasing an additional 127 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. purchased a new position in shares of Vanguard Mid-Cap ETF in the 4th quarter valued at $38,000.

Vanguard Mid-Cap ETF Stock Down 0.6 %

NYSEARCA VO opened at $276.42 on Wednesday. Vanguard Mid-Cap ETF has a 52 week low of $229.47 and a 52 week high of $285.60. The company has a 50 day moving average price of $272.55 and a 200 day moving average price of $265.64. The firm has a market cap of $71.48 billion, a PE 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.