LPL Financial LLC Boosts Stake in Vanguard Mid-Cap Growth ETF $VOT

LPL Financial LLC lifted its holdings in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 876,401 shares of the company’s stock after buying an additional 55,656 shares during the quarter. LPL Financial LLC owned 1.37% of Vanguard Mid-Cap Growth ETF worth $244,638,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Dagco Inc. purchased a new stake in shares of Vanguard Mid-Cap Growth ETF in the fourth quarter valued at approximately $28,000. Founders Capital Management purchased a new stake in Vanguard Mid-Cap Growth ETF during the third quarter worth $32,000. Caitlin John LLC purchased a new stake in Vanguard Mid-Cap Growth ETF during the third quarter worth $46,000. Entrust Financial LLC purchased a new stake in Vanguard Mid-Cap Growth ETF during the fourth quarter worth $46,000. Finally, Birchbrook Inc. purchased a new stake in Vanguard Mid-Cap Growth ETF during the fourth quarter worth $51,000.

Vanguard Mid-Cap Growth ETF Stock Performance

VOT opened at $293.87 on Wednesday. The business’s fifty day moving average is $283.14 and its two-hundred day moving average is $279.48. The company has a market cap of $18.85 billion, a price-to-earnings ratio of 31.98 and a beta of 1.16. Vanguard Mid-Cap Growth ETF has a one year low of $248.23 and a one year high of $304.99.

Vanguard Mid-Cap Growth ETF 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. 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.