Lido Advisors LLC Makes New Investment in Vanguard Mid-Cap ETF $VO

Lido Advisors LLC acquired a new stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 678,294 shares of the company’s stock, valued at approximately $53,192,000.

A number of other institutional investors also recently added to or reduced their stakes in VO. Keybank National Association OH purchased a new stake in shares of Vanguard Mid-Cap ETF during the third quarter valued at about $9,844,000. Searle & CO. bought a new stake in shares of Vanguard Mid-Cap ETF in the 3rd quarter valued at about $784,000. Narwhal Capital Management bought a new stake in shares of Vanguard Mid-Cap ETF in the 3rd quarter valued at about $222,000. New York Life Investment Management LLC purchased a new position in shares of Vanguard Mid-Cap ETF in the 3rd quarter worth approximately $85,712,000. Finally, Welch & Forbes LLC grew its position in shares of Vanguard Mid-Cap ETF by 1.6% in the 3rd quarter. Welch & Forbes LLC now owns 42,148 shares of the company’s stock worth $3,305,000 after buying an additional 652 shares during the last quarter.

Vanguard Mid-Cap ETF Stock Down 0.0%

Shares of Vanguard Mid-Cap ETF stock opened at $81.52 on Wednesday. The company has a market cap of $107.47 billion, a P/E ratio of 21.50 and a beta of 0.99. The firm’s 50 day moving average price is $80.69 and its 200-day moving average price is $78.46. Vanguard Mid-Cap ETF has a 52-week low of $69.44 and a 52-week high of $84.59.

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.