Independence Asset Advisors LLC Acquires Shares of 3,326 Vanguard Mid-Cap Growth ETF $VOT

Independence Asset Advisors LLC bought a new position in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 3,326 shares of the company’s stock, valued at approximately $856,000. Vanguard Mid-Cap Growth ETF makes up 0.3% of Independence Asset Advisors LLC’s investment portfolio, making the stock its 14th largest position.

Several other institutional investors have also made changes to their positions in the company. EP Wealth Advisors LLC acquired a new stake in shares of Vanguard Mid-Cap Growth ETF during the fourth quarter valued at approximately $392,288,000. Busey Bank lifted its position in shares of Vanguard Mid-Cap Growth ETF by 4,378.8% in the 4th quarter. Busey Bank now owns 240,737 shares of the company’s stock valued at $67,199,000 after acquiring an additional 235,362 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard Mid-Cap Growth ETF by 22.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 902,235 shares of the company’s stock valued at $251,850,000 after acquiring an additional 163,438 shares in the last quarter. CIBC Private Wealth Group LLC boosted its stake in Vanguard Mid-Cap Growth ETF by 676.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 174,148 shares of the company’s stock worth $48,612,000 after purchasing an additional 151,715 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in Vanguard Mid-Cap Growth ETF by 24.4% in the 4th quarter. Raymond James Financial Inc. now owns 555,289 shares of the company’s stock worth $155,003,000 after purchasing an additional 108,818 shares during the period.

Vanguard Mid-Cap Growth ETF Stock Performance

NYSEARCA VOT opened at $298.57 on Monday. The firm’s 50 day moving average price is $292.32 and its two-hundred day moving average price is $281.35. Vanguard Mid-Cap Growth ETF has a twelve month low of $248.23 and a twelve month high of $309.44. The stock has a market cap of $19.15 billion, a price-to-earnings ratio of 31.98 and a beta of 1.16.

Vanguard Mid-Cap Growth ETF Company Profile

Vanguard Mid-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Mid-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Mid Cap Growth Index (the Index). The Index is a diversified index of growth stocks of medium-size United States companies. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.