TME Financial Inc. Takes $709,000 Position in Vanguard Mid-Cap ETF (NYSEARCA:VO)

TME Financial Inc. purchased a new stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,687 shares of the company’s stock, valued at approximately $709,000.

Several other hedge funds have also added to or reduced their stakes in VO. Wells Fargo & Company MN grew its holdings in Vanguard Mid-Cap ETF by 0.5% during the 4th quarter. Wells Fargo & Company MN now owns 22,395,761 shares of the company’s stock worth $5,915,392,000 after acquiring an additional 113,067 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Vanguard Mid-Cap ETF by 20.5% during the fourth quarter. Jones Financial Companies Lllp now owns 17,440,379 shares of the company’s stock worth $4,606,527,000 after purchasing an additional 2,965,961 shares during the period. Raymond James Financial Inc. bought a new stake in Vanguard Mid-Cap ETF in the fourth quarter valued at about $1,601,053,000. LPL Financial LLC lifted its stake in Vanguard Mid-Cap ETF by 5.1% in the fourth quarter. LPL Financial LLC now owns 3,035,228 shares of the company’s stock valued at $801,695,000 after buying an additional 146,261 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Vanguard Mid-Cap ETF by 9.7% during the fourth quarter. JPMorgan Chase & Co. now owns 2,306,779 shares of the company’s stock worth $609,290,000 after buying an additional 203,167 shares during the last quarter.

Vanguard Mid-Cap ETF Price Performance

Shares of VO stock opened at $243.62 on Friday. The stock has a market cap of $241.66 billion, a PE ratio of 21.62 and a beta of 1.11. The stock has a 50-day moving average of $261.54 and a 200-day moving average of $267.90. Vanguard Mid-Cap ETF has a one year low of $223.65 and a one year high of $285.60.

Vanguard Mid-Cap ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $1.1671 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from Vanguard Mid-Cap ETF’s previous dividend of $0.93.

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.