Arkansas Financial Group Inc. Has $44.77 Million Stake in Vanguard Mid-Cap ETF (NYSEARCA:VO)

Arkansas Financial Group Inc. cut its stake in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 0.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 169,672 shares of the company’s stock after selling 1,528 shares during the period. Vanguard Mid-Cap ETF accounts for 6.9% of Arkansas Financial Group Inc.’s holdings, making the stock its 3rd biggest holding. Arkansas Financial Group Inc.’s holdings in Vanguard Mid-Cap ETF were worth $44,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in VO. Fairfield Financial Advisors LTD bought a new stake in shares of Vanguard Mid-Cap ETF during the second quarter valued at approximately $26,000. ESL Trust Services LLC acquired a new stake in Vanguard Mid-Cap ETF in the 1st quarter valued at approximately $32,000. Pathway Financial Advisers LLC bought a new stake in Vanguard Mid-Cap ETF during the 1st quarter valued at $44,000. Financial Perspectives Inc boosted its position in Vanguard Mid-Cap ETF by 32.1% during the 1st quarter. Financial Perspectives Inc now owns 177 shares of the company’s stock worth $44,000 after acquiring an additional 43 shares during the period. Finally, LRI Investments LLC bought a new position in shares of Vanguard Mid-Cap ETF in the first quarter worth $45,000.

Vanguard Mid-Cap ETF Price Performance

Shares of NYSEARCA VO traded up $2.29 during midday trading on Friday, reaching $263.79. 468,157 shares of the company traded hands, compared to its average volume of 564,281. The company has a market cap of $68.21 billion, a price-to-earnings ratio of 19.64 and a beta of 0.98. The stock has a 50-day moving average price of $254.04 and a 200 day moving average price of $247.58. Vanguard Mid-Cap ETF has a 52 week low of $194.79 and a 52 week high of $264.44.

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.