Vanguard Mid-Cap ETF (NYSEARCA:VO) is Frisch Financial Group Inc.’s 6th Largest Position

Frisch Financial Group Inc. lowered its stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 0.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,123 shares of the company’s stock after selling 265 shares during the quarter. Vanguard Mid-Cap ETF makes up 4.5% of Frisch Financial Group Inc.’s investment portfolio, making the stock its 6th largest holding. Frisch Financial Group Inc.’s holdings in Vanguard Mid-Cap ETF were worth $15,071,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fairfield Financial Advisors LTD purchased a new position in shares of Vanguard Mid-Cap ETF during the second quarter valued at $26,000. Pin Oak Investment Advisors Inc. purchased a new position in Vanguard Mid-Cap ETF during the 3rd quarter valued at about $35,000. Redmont Wealth Advisors LLC increased its holdings in shares of Vanguard Mid-Cap ETF by 147.8% in the 3rd quarter. Redmont Wealth Advisors LLC now owns 166 shares of the company’s stock valued at $44,000 after purchasing an additional 99 shares during the period. Financial Connections Group Inc. acquired a new position in shares of Vanguard Mid-Cap ETF in the 2nd quarter valued at about $49,000. Finally, Northwest Investment Counselors LLC purchased a new stake in shares of Vanguard Mid-Cap ETF in the third quarter worth approximately $51,000.

Vanguard Mid-Cap ETF Trading Down 1.1 %

NYSEARCA VO opened at $280.44 on Tuesday. The company has a market capitalization of $72.52 billion, a PE ratio of 19.64 and a beta of 0.98. Vanguard Mid-Cap ETF has a 1-year low of $221.41 and a 1-year high of $285.60. The firm’s fifty day simple moving average is $272.14 and its 200-day simple moving average is $257.11.

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.