Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $288.59 and traded as high as $294.79. Vanguard Mid-Cap Growth ETF shares last traded at $293.17, with a volume of 131,155 shares trading hands.

Vanguard Mid-Cap Growth ETF Stock Performance

The stock has a market cap of $18.77 billion, a price-to-earnings ratio of 32.90 and a beta of 1.16. The company’s 50 day simple moving average is $293.16 and its two-hundred day simple moving average is $288.63.

Institutional Trading of Vanguard Mid-Cap Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE increased its position in Vanguard Mid-Cap Growth ETF by 2.6% in the 1st quarter. Bank of America Corp DE now owns 2,157,636 shares of the company’s stock worth $555,268,000 after purchasing an additional 54,788 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Vanguard Mid-Cap Growth ETF by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,114,697 shares of the company’s stock valued at $286,867,000 after buying an additional 10,638 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Vanguard Mid-Cap Growth ETF during the 3rd quarter valued at about $314,439,000. Stephens Group Asset Management LLC lifted its holdings in shares of Vanguard Mid-Cap Growth ETF by 3.5% during the 3rd quarter. Stephens Group Asset Management LLC now owns 689,650 shares of the company’s stock valued at $201,447,000 after buying an additional 23,323 shares during the last quarter. Finally, TIAA CREF Individual & Institutional Services LLC bought a new stake in shares of Vanguard Mid-Cap Growth ETF in the 3rd quarter valued at approximately $142,090,000.

About Vanguard Mid-Cap Growth ETF

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.