Briggs Wealth Management Inc Takes Position in Vanguard Mid-Cap Growth ETF $VOT

Briggs Wealth Management Inc acquired a new stake in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) during the fourth quarter, Holdings Channel reports. The fund acquired 3,508 shares of the company’s stock, valued at approximately $979,000. Vanguard Mid-Cap Growth ETF comprises about 1.1% of Briggs Wealth Management Inc’s holdings, making the stock its 14th largest holding.

Several other hedge funds also recently added to or reduced their stakes in the business. Dagco Inc. purchased a new stake in Vanguard Mid-Cap Growth ETF in the fourth quarter valued at $28,000. Acumen Wealth Advisors LLC acquired a new position in shares of Vanguard Mid-Cap Growth ETF in the 4th quarter valued at $29,000. Founders Capital Management purchased a new position in shares of Vanguard Mid-Cap Growth ETF during the 3rd quarter worth $32,000. Caitlin John LLC purchased a new position in shares of Vanguard Mid-Cap Growth ETF during the 3rd quarter worth $46,000. Finally, Entrust Financial LLC acquired a new stake in shares of Vanguard Mid-Cap Growth ETF during the 4th quarter worth about $46,000.

Vanguard Mid-Cap Growth ETF Trading Up 1.7%

Shares of VOT opened at $306.18 on Friday. The firm has a market cap of $19.64 billion, a P/E ratio of 31.98 and a beta of 1.16. Vanguard Mid-Cap Growth ETF has a 12-month low of $248.23 and a 12-month high of $309.44. The company’s 50-day moving average price is $288.74 and its 200 day moving average price is $280.56.

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.