First Foundation Advisors Reduces Stock Position in Vanguard Mid-Cap ETF (NYSEARCA:VO)

First Foundation Advisors reduced its holdings in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 28.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,733 shares of the company’s stock after selling 3,042 shares during the quarter. First Foundation Advisors’ holdings in Vanguard Mid-Cap ETF were worth $2,000,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Alexis Investment Partners LLC purchased a new stake in Vanguard Mid-Cap ETF in the 4th quarter worth approximately $34,000. First Pacific Financial purchased a new stake in Vanguard Mid-Cap ETF in the 1st quarter worth approximately $34,000. Orion Capital Management LLC purchased a new stake in Vanguard Mid-Cap ETF in the 4th quarter worth approximately $38,000. Signature Resources Capital Management LLC lifted its stake in Vanguard Mid-Cap ETF by 83.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 147 shares of the company’s stock worth $38,000 after purchasing an additional 67 shares in the last quarter. Finally, Goodman Advisory Group LLC purchased a new stake in Vanguard Mid-Cap ETF in the 1st quarter worth approximately $43,000.

Vanguard Mid-Cap ETF Price Performance

NYSEARCA VO opened at $287.87 on Wednesday. Vanguard Mid-Cap ETF has a 1 year low of $223.65 and a 1 year high of $289.98. The stock has a market capitalization of $86.49 billion, a PE ratio of 21.50 and a beta of 1.08. The company’s 50 day simple moving average is $277.43 and its two-hundred day simple moving average is $267.83.

Vanguard Mid-Cap ETF 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.