RMG Wealth Management LLC Has $11.43 Million Stock Holdings in Vanguard Mid-Cap ETF $VO

RMG Wealth Management LLC increased its position in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 480.0% in the first quarter, HoldingsChannel reports. The firm owned 39,805 shares of the company’s stock after purchasing an additional 32,942 shares during the period. Vanguard Mid-Cap ETF makes up approximately 1.4% of RMG Wealth Management LLC’s investment portfolio, making the stock its 11th biggest holding. RMG Wealth Management LLC’s holdings in Vanguard Mid-Cap ETF were worth $11,431,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Pacific Sun Financial Corp increased its holdings in shares of Vanguard Mid-Cap ETF by 1.6% during the fourth quarter. Pacific Sun Financial Corp now owns 2,162 shares of the company’s stock worth $627,000 after buying an additional 34 shares in the last quarter. Fairview Capital Investment Management LLC boosted its holdings in shares of Vanguard Mid-Cap ETF by 0.7% in the 4th quarter. Fairview Capital Investment Management LLC now owns 5,083 shares of the company’s stock worth $1,475,000 after acquiring an additional 34 shares in the last quarter. Valley Brook Capital Group Inc. grew its position in Vanguard Mid-Cap ETF by 4.4% during the 4th quarter. Valley Brook Capital Group Inc. now owns 835 shares of the company’s stock worth $242,000 after acquiring an additional 35 shares during the last quarter. Richards Merrill & Peterson Inc. grew its position in Vanguard Mid-Cap ETF by 2.3% during the 4th quarter. Richards Merrill & Peterson Inc. now owns 1,562 shares of the company’s stock worth $453,000 after acquiring an additional 35 shares during the last quarter. Finally, Landmark Wealth Management LLC increased its holdings in Vanguard Mid-Cap ETF by 0.6% during the 4th quarter. Landmark Wealth Management LLC now owns 5,597 shares of the company’s stock valued at $1,624,000 after purchasing an additional 35 shares in the last quarter.

Vanguard Mid-Cap ETF Stock Performance

Shares of VO opened at $80.32 on Friday. The company has a market cap of $105.61 billion, a price-to-earnings ratio of 21.50 and a beta of 0.99. The stock has a fifty day moving average price of $79.56 and a two-hundred day moving average price of $76.49. Vanguard Mid-Cap ETF has a 52-week low of $69.44 and a 52-week high of $81.55.

Vanguard Mid-Cap ETF Company 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.