Synovus Financial Corp acquired a new stake in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV – Free Report) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 4,440 shares of the company’s stock, valued at approximately $425,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Newbridge Financial Services Group Inc. acquired a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 2nd quarter worth about $39,000. Cetera Investment Advisers grew its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 8.7% during the second quarter. Cetera Investment Advisers now owns 14,886 shares of the company’s stock valued at $1,304,000 after purchasing an additional 1,191 shares during the period. Truist Financial Corp increased its stake in Vanguard S&P Mid-Cap 400 Value ETF by 0.6% in the second quarter. Truist Financial Corp now owns 24,529 shares of the company’s stock valued at $2,148,000 after purchasing an additional 145 shares in the last quarter. Octavia Wealth Advisors LLC raised its holdings in Vanguard S&P Mid-Cap 400 Value ETF by 5.8% in the third quarter. Octavia Wealth Advisors LLC now owns 177,407 shares of the company’s stock worth $16,983,000 after purchasing an additional 9,725 shares during the period. Finally, PFG Advisors boosted its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 9.4% during the second quarter. PFG Advisors now owns 13,692 shares of the company’s stock worth $1,199,000 after purchasing an additional 1,175 shares in the last quarter.
Vanguard S&P Mid-Cap 400 Value ETF Stock Down 3.9 %
IVOV opened at $96.16 on Thursday. The stock has a market cap of $939.48 million, a P/E ratio of 6.72 and a beta of 1.07. Vanguard S&P Mid-Cap 400 Value ETF has a 12 month low of $83.01 and a 12 month high of $105.65. The company has a fifty day simple moving average of $100.02 and a 200 day simple moving average of $94.12.
About Vanguard S&P Mid-Cap 400 Value ETF
The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Value index. The fund tracks an index of value-style securities from the Committee-selected S&P mid-cap 400. IVOV was launched on Sep 9, 2010 and is managed by Vanguard.
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