Field & Main Bank Invests $16.99 Million in Vanguard Mid-Cap ETF $VO

Field & Main Bank purchased a new stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 210,819 shares of the company’s stock, valued at approximately $16,986,000. Vanguard Mid-Cap ETF makes up 2.7% of Field & Main Bank’s investment portfolio, making the stock its 4th biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Securities CORP. boosted its stake in shares of Vanguard Mid-Cap ETF by 314.2% during the 2nd quarter. Brighton Securities CORP. now owns 85,580 shares of the company’s stock worth $6,895,000 after acquiring an additional 64,918 shares in the last quarter. Breakwater Capital Group raised its position in shares of Vanguard Mid-Cap ETF by 298.2% during the second quarter. Breakwater Capital Group now owns 12,879 shares of the company’s stock worth $1,038,000 after purchasing an additional 9,645 shares during the period. Taylor & Morgan Wealth Management LLC raised its position in shares of Vanguard Mid-Cap ETF by 388.3% during the second quarter. Taylor & Morgan Wealth Management LLC now owns 24,114 shares of the company’s stock worth $1,943,000 after purchasing an additional 19,176 shares during the period. Annex Advisory Services LLC boosted its position in shares of Vanguard Mid-Cap ETF by 315.6% in the 2nd quarter. Annex Advisory Services LLC now owns 9,375 shares of the company’s stock valued at $755,000 after purchasing an additional 7,119 shares during the period. Finally, Addis & Hill Inc boosted its position in shares of Vanguard Mid-Cap ETF by 269.3% in the 2nd quarter. Addis & Hill Inc now owns 138,549 shares of the company’s stock valued at $11,163,000 after purchasing an additional 101,033 shares during the period.

Vanguard Mid-Cap ETF Trading Down 0.7%

NYSEARCA VO opened at $82.50 on Friday. The stock’s 50-day moving average price is $81.53 and its two-hundred day moving average price is $77.91. The company has a market cap of $108.48 billion, a PE ratio of 21.50 and a beta of 0.99. Vanguard Mid-Cap ETF has a 1 year low of $69.44 and a 1 year high of $84.59.

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.