ETFs

Fulton Bank N.A. Increases Stake in Vanguard Mid-Cap Value ETF

Published January 11, 2025

Fulton Bank N.A. has expanded its investment in the Vanguard Mid-Cap Value ETF (NYSEARCA:VOE – Free Report) by 8.4% during the fourth quarter, as indicated in their latest 13F filing with the Securities and Exchange Commission. Following the acquisition of an additional 202 shares, the institutional investor now holds a total of 2,602 shares. As of the end of the most recent quarter, Fulton Bank's holdings in the Vanguard Mid-Cap Value ETF were valued at approximately $421,000.

Several other institutional investors and hedge funds have also adjusted their positions in Vanguard Mid-Cap Value ETF recently. For example, Planning Capital Management Corp bought a new position in the ETF during the third quarter, investing around $29,000. Similarly, ORG Partners LLC made a new stake in the ETF valued at about $35,000 during the same period. Abound Wealth Management has increased its stake significantly, lifting its holdings by 72.9% in the second quarter, resulting in ownership of 230 shares worth $35,000 after acquiring an additional 97 shares. Additionally, SouthState Corp and Northwest Investment Counselors LLC also bought new positions during the third quarter, valued at $42,000 and $44,000, respectively.

Current Performance of Vanguard Mid-Cap Value ETF

As of the latest trading session, shares of the Vanguard Mid-Cap Value ETF opened at $159.16. The company's fifty-day simple moving average stands at $168.17, while the two-hundred-day simple moving average is $163.32. Over the past year, the stock has reached a low of $140.12 and a high of $176.83. The ETF boasts a market capitalization of $16.94 billion, a price-to-earnings ratio of 15.05, and a beta of 0.83, indicating lower volatility compared to the market.

About Vanguard Mid-Cap Value ETF

The Vanguard Mid-Cap Value Index Fund is an open-end investment company, commonly known as a mutual fund. It offers two classes of shares: Investor Shares and ETF Shares. Investor Shares are available to any investor who meets the fund's minimum purchase requirements, whereas ETF Shares can be traded through a broker on the stock market.

Further Information

For those interested in the activities of other hedge funds holding VOE, updated 13F filings and insider trades for Vanguard Mid-Cap Value ETF can be found by visiting financial resources. Additionally, investors can subscribe to daily summaries of news and analyst ratings for Vanguard Mid-Cap Value ETF and similar companies.

investment, ETF, finance