Bangor Savings Bank Buys 1,368 Shares of Vanguard Mid-Cap ETF (NYSEARCA:VO)

Bangor Savings Bank grew its stake in shares of Vanguard Mid-Cap ETF (NYSEARCA:VO) by 19.1% during the fourth quarter, HoldingsChannel reports. The firm owned 8,535 shares of the company’s stock after purchasing an additional 1,368 shares during the quarter. Bangor Savings Bank’s holdings in Vanguard Mid-Cap ETF were worth $2,254,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VO. Fairfield Financial Advisors LTD purchased a new position in 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 boosted its stake in Vanguard Mid-Cap ETF by 147.8% during the third quarter. Redmont Wealth Advisors LLC now owns 166 shares of the company’s stock worth $44,000 after acquiring an additional 99 shares in the last quarter. Northwest Investment Counselors LLC purchased a new stake in Vanguard Mid-Cap ETF in the third quarter worth about $51,000. Finally, Hazlett Burt & Watson Inc. increased its stake in shares of Vanguard Mid-Cap ETF by 29.1% during the third quarter. Hazlett Burt & Watson Inc. now owns 204 shares of the company’s stock valued at $54,000 after purchasing an additional 46 shares in the last quarter.

Vanguard Mid-Cap ETF Stock Performance

VO stock opened at $267.27 on Tuesday. The firm has a market capitalization of $69.11 billion, a price-to-earnings ratio of 19.64 and a beta of 0.98. The firm has a 50 day moving average price of $273.60 and a 200-day moving average price of $260.75. Vanguard Mid-Cap ETF has a 52-week low of $224.86 and a 52-week high of $285.60.

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.