Exchange Traded Concepts LLC Acquires Stake in Vanguard Mid-Cap Growth ETF

On October 23, 2024, it was reported that Exchange Traded Concepts LLC has acquired a new stake in the Vanguard Mid-Cap Growth ETF, trading under the ticker NYSEARCA:VOT. This transaction took place during the third quarter of the year, where Exchange Traded Concepts LLC purchased a total of 324 shares of the ETF, with the investment valued at approximately $79,000.

Several other institutional investors also made adjustments to their positions in the Vanguard Mid-Cap Growth ETF recently. For instance, Compton Wealth Advisory Group LLC increased its stake by 2.0% in the third quarter, now holding 39,506 shares valued at $9,618,000 after adding 793 shares to its portfolio. CRA Financial Services LLC also entered a new investment in the ETF during the third quarter, amounting to approximately $205,000. Similarly, Ritholtz Wealth Management made an investment of around $727,000 in new shares during the same period.

Furthermore, Total Wealth Planning LLC raised its holdings by 2.6%, bringing its total to 63,373 shares worth $15,429,000 after purchasing 1,616 additional shares. Silverlake Wealth Management LLC experienced a more significant increase in its holdings, completing a 39.0% boost by acquiring an extra 478 shares, resulting in a total of 1,704 shares valued at $415,000.

Vanguard Mid-Cap Growth ETF Market Performance

As of Wednesday, the Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) opened at a price of $248.68. The stock's 50-day simple moving average currently stands at $239.48, while the 200-day average is at $232.94. At present, the ETF has a market capitalization of $13.98 billion, with a price-to-earnings (P/E) ratio of 29.99 and a beta value of 1.15. Over the past year, the ETF has recorded a low of $179.43 and a high of $252.52.

About Vanguard Mid-Cap Growth ETF

The Vanguard Mid-Cap Growth ETF is an exchange-traded fund designed to track the performance of the MSCI US Mid Cap Growth Index. This index comprises a diversified range of growth stocks belonging to medium-sized companies operating in the United States, and the ETF follows a passive management strategy.

For up-to-date information regarding other hedge funds that hold shares in the Vanguard Mid-Cap Growth ETF, investors can refer to the latest 13F filings and insider trading reports available online.

Exchange, Traded, Concepts, Vanguard, ETF, Investment