Phillips Financial Management LLC Decreases Stock Position in Vanguard S&P Mid-Cap 400 ETF $IVOO

Phillips Financial Management LLC trimmed its holdings in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) by 14.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 33,810 shares of the company’s stock after selling 5,785 shares during the period. Phillips Financial Management LLC’s holdings in Vanguard S&P Mid-Cap 400 ETF were worth $3,732,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Park Avenue Securities LLC raised its position in Vanguard S&P Mid-Cap 400 ETF by 5.0% during the third quarter. Park Avenue Securities LLC now owns 13,708 shares of the company’s stock worth $1,513,000 after acquiring an additional 649 shares during the last quarter. Pachira Investments Inc. increased its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 21.7% during the 3rd quarter. Pachira Investments Inc. now owns 4,399 shares of the company’s stock worth $486,000 after purchasing an additional 784 shares in the last quarter. Bryant Woods Investment Advisors LLC lifted its stake in Vanguard S&P Mid-Cap 400 ETF by 4.1% in the 3rd quarter. Bryant Woods Investment Advisors LLC now owns 83,910 shares of the company’s stock valued at $9,262,000 after buying an additional 3,302 shares in the last quarter. Miracle Mile Advisors LLC purchased a new stake in Vanguard S&P Mid-Cap 400 ETF in the 3rd quarter valued at approximately $333,000. Finally, Merit Financial Group LLC acquired a new stake in Vanguard S&P Mid-Cap 400 ETF during the 3rd quarter valued at $351,000.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

Vanguard S&P Mid-Cap 400 ETF stock opened at $117.00 on Friday. Vanguard S&P Mid-Cap 400 ETF has a fifty-two week low of $84.85 and a fifty-two week high of $117.18. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 18.32 and a beta of 1.07. The stock has a fifty day moving average of $111.80 and a two-hundred day moving average of $109.97.

About Vanguard S&P Mid-Cap 400 ETF

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.