Independent Financial Group LLC Makes New $8.41 Million Investment in Vanguard Mid-Cap Growth ETF $VOT

Independent Financial Group LLC purchased a new position in shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 32,685 shares of the company’s stock, valued at approximately $8,411,000.

Several other institutional investors and hedge funds also recently made changes to their positions in VOT. EP Wealth Advisors LLC bought a new stake in shares of Vanguard Mid-Cap Growth ETF in the 4th quarter valued at $392,288,000. Busey Bank lifted its holdings in Vanguard Mid-Cap Growth ETF by 4,378.8% during the fourth quarter. Busey Bank now owns 240,737 shares of the company’s stock worth $67,199,000 after acquiring an additional 235,362 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Mid-Cap Growth ETF by 22.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 902,235 shares of the company’s stock worth $251,850,000 after acquiring an additional 163,438 shares in the last quarter. CIBC Private Wealth Group LLC grew its stake in Vanguard Mid-Cap Growth ETF by 676.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 174,148 shares of the company’s stock valued at $48,612,000 after acquiring an additional 151,715 shares during the period. Finally, Sharp Wealth Advisory LLC acquired a new position in Vanguard Mid-Cap Growth ETF in the first quarter valued at about $28,845,000.

Vanguard Mid-Cap Growth ETF Price Performance

Shares of Vanguard Mid-Cap Growth ETF stock opened at $295.54 on Friday. The company has a market capitalization of $19.21 billion, a P/E ratio of 31.98 and a beta of 1.15. The business has a 50-day moving average of $297.23 and a two-hundred day moving average of $283.14. Vanguard Mid-Cap Growth ETF has a 1 year low of $248.23 and a 1 year high of $309.44.

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.