Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Sees Large Volume Increase – What’s Next?

Shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) saw unusually-strong trading volume on Thursday. Approximately 352,825 shares changed hands during mid-day trading, an increase of 61% from the previous session’s volume of 219,301 shares. The stock last traded at $289.2920 and had previously closed at $290.68.

Vanguard Mid-Cap Growth ETF Stock Up 0.1%

The company has a market capitalization of $19.10 billion, a price-to-earnings ratio of 31.98 and a beta of 1.17. The business has a 50-day moving average price of $299.93 and a two-hundred day moving average price of $293.58.

Hedge Funds Weigh In On Vanguard Mid-Cap Growth ETF

Hedge funds have recently bought and sold shares of the company. Apella Capital LLC increased its holdings in shares of Vanguard Mid-Cap Growth ETF by 4.9% in the third quarter. Apella Capital LLC now owns 728 shares of the company’s stock worth $219,000 after buying an additional 34 shares during the period. Pinnacle Bancorp Inc. grew its holdings in Vanguard Mid-Cap Growth ETF by 1.5% during the 1st quarter. Pinnacle Bancorp Inc. now owns 2,371 shares of the company’s stock valued at $610,000 after buying an additional 36 shares in the last quarter. Legacy Wealth Managment LLC ID raised its stake in shares of Vanguard Mid-Cap Growth ETF by 3.7% during the 2nd quarter. Legacy Wealth Managment LLC ID now owns 1,002 shares of the company’s stock worth $307,000 after acquiring an additional 36 shares in the last quarter. Bouvel Investment Partners LLC raised its position in Vanguard Mid-Cap Growth ETF by 1.6% during the third quarter. Bouvel Investment Partners LLC now owns 2,715 shares of the company’s stock worth $793,000 after acquiring an additional 42 shares during the period. Finally, Unique Wealth LLC raised its position in Vanguard Mid-Cap Growth ETF by 3.8% in the first quarter. Unique Wealth LLC now owns 1,165 shares of the company’s stock valued at $300,000 after purchasing an additional 43 shares during the period.

About Vanguard Mid-Cap Growth ETF

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.