Independent Advisor Alliance Acquires Shares of 3,745 Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT)

Independent Advisor Alliance acquired a new stake in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 3,745 shares of the company’s stock, valued at approximately $950,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kentucky Trust Co purchased a new position in Vanguard Mid-Cap Growth ETF in the fourth quarter valued at $25,000. Roxbury Financial LLC purchased a new position in Vanguard Mid-Cap Growth ETF in the fourth quarter valued at $30,000. Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Mid-Cap Growth ETF during the fourth quarter worth about $31,000. Financial Life Planners purchased a new stake in shares of Vanguard Mid-Cap Growth ETF during the fourth quarter worth about $36,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of Vanguard Mid-Cap Growth ETF during the third quarter worth about $40,000.

Vanguard Mid-Cap Growth ETF Stock Up 2.6 %

VOT stock opened at $243.74 on Friday. The stock has a market capitalization of $14.85 billion, a P/E ratio of 28.89 and a beta of 1.17. The firm has a 50-day simple moving average of $263.00 and a 200-day simple moving average of $255.94. Vanguard Mid-Cap Growth ETF has a 52 week low of $213.81 and a 52 week high of $277.35.

Vanguard Mid-Cap Growth ETF Company Profile

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.