New Hampshire Trust has increased its investment in the Vanguard Mid-Cap ETF (NYSEARCA: VO) by 3.6% during the third quarter, according to its latest 13F filing with the Securities & Exchange Commission. The firm now holds a total of 180,332 shares after acquiring an additional 6,209 shares in this period. This investment represents approximately 10.2% of New Hampshire Trust’s overall portfolio, making it the firm’s largest position.
At the end of the most recent quarter, New Hampshire Trust owned about 0.06% of Vanguard Mid-Cap ETF, valued at $52.97 million. The ETF tracks the performance of the MSCI US Mid Cap 450 Index, which represents medium-sized companies in the United States. The Vanguard Group, Inc. serves as the investment advisor for this fund.
Several other hedge funds have also adjusted their holdings in Vanguard Mid-Cap ETF recently. Naviter Wealth LLC increased its stake by 2.9% during the second quarter, bringing their total to 1,286 shares worth $361,000 after purchasing an additional 36 shares. Similarly, J2 Capital Management Inc. grew its investment by 1.5%, acquiring a total of 2,556 shares valued at $715,000 after buying 37 more shares.
Additionally, Lathrop Investment Management Co. boosted its position by 3.7%, now owning 1,030 shares worth $288,000. Hantz Financial Services Inc. raised its holdings by 6.7%, totaling 586 shares valued at $164,000. Comprehensive Financial Planning Inc. PA also increased its position by 1.2%, owning 3,050 shares valued at $853,000.
As of the latest trading session, Vanguard Mid-Cap ETF opened at $294.51. The stock has shown significant price movement over the past year, with a low of $223.65 and a high of $298.64. The ETF has a market capitalization of $90.13 billion, a price-to-earnings (P/E) ratio of 21.50, and a beta of 1.04. Its 50-day and 200-day simple moving averages stand at $290.62 and $287.56, respectively.
The Vanguard Mid-Cap ETF continues to attract attention from various investors, reflecting a growing interest in mid-cap investments as part of diversified portfolios. Through its quantitative equity strategies, The Vanguard Group, Inc. aims to provide a well-rounded approach to investing in this segment of the market.
