NewEdge Advisors LLC Cuts Stock Position in Vanguard Mid-Cap Growth ETF $VOT

NewEdge Advisors LLC cut its holdings in shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) by 2.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 142,000 shares of the company’s stock after selling 3,233 shares during the quarter. NewEdge Advisors LLC’s holdings in Vanguard Mid-Cap Growth ETF were worth $36,544,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. EP Wealth Advisors LLC bought a new position in shares of Vanguard Mid-Cap Growth ETF in the fourth quarter worth about $392,288,000. Busey Bank raised its stake in Vanguard Mid-Cap Growth ETF by 4,378.8% during the 4th quarter. Busey Bank now owns 240,737 shares of the company’s stock valued at $67,199,000 after purchasing an additional 235,362 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Mid-Cap Growth ETF by 22.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 902,235 shares of the company’s stock valued at $251,850,000 after purchasing an additional 163,438 shares during the period. CIBC Private Wealth Group LLC lifted its holdings 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 in the last quarter. Finally, Sharp Wealth Advisory LLC purchased a new position in Vanguard Mid-Cap Growth ETF in the 1st quarter worth approximately $28,845,000.

Vanguard Mid-Cap Growth ETF Price Performance

Shares of VOT opened at $302.03 on Friday. Vanguard Mid-Cap Growth ETF has a 1 year low of $248.23 and a 1 year high of $309.70. The company has a 50 day simple moving average of $299.53 and a two-hundred day simple moving average of $284.45. The firm has a market cap of $19.63 billion, a P/E ratio of 31.98 and a beta of 1.16.

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.