First United Bank & Trust Acquires 3,013 Shares of Vanguard Mid-Cap Growth ETF $VOT

First United Bank & Trust raised its holdings in shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) by 16.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,521 shares of the company’s stock after buying an additional 3,013 shares during the quarter. Vanguard Mid-Cap Growth ETF comprises 1.8% of First United Bank & Trust’s investment portfolio, making the stock its 13th largest holding. First United Bank & Trust’s holdings in Vanguard Mid-Cap Growth ETF were worth $5,538,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Morgan Stanley raised its stake in Vanguard Mid-Cap Growth ETF by 1.5% during the 4th quarter. Morgan Stanley now owns 2,972,164 shares of the company’s stock valued at $829,650,000 after purchasing an additional 43,368 shares during the last quarter. Assetmark Inc. raised its position in shares of Vanguard Mid-Cap Growth ETF by 2.8% during the fourth quarter. Assetmark Inc. now owns 2,218,378 shares of the company’s stock valued at $619,238,000 after buying an additional 61,388 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Vanguard Mid-Cap Growth ETF by 2.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,615,293 shares of the company’s stock valued at $450,893,000 after buying an additional 40,251 shares during the period. EP Wealth Advisors LLC acquired a new stake in Vanguard Mid-Cap Growth ETF during the fourth quarter worth about $392,288,000. Finally, Truepoint Inc. increased its stake in Vanguard Mid-Cap Growth ETF by 2.5% during the fourth quarter. Truepoint Inc. now owns 1,068,574 shares of the company’s stock valued at $298,282,000 after acquiring an additional 25,761 shares during the period.

Vanguard Mid-Cap Growth ETF Trading Down 1.3%

Shares of VOT stock opened at $298.57 on Friday. Vanguard Mid-Cap Growth ETF has a 12 month low of $248.23 and a 12 month high of $309.44. The company has a market capitalization of $19.15 billion, a P/E ratio of 31.98 and a beta of 1.16. The stock has a 50 day moving average of $292.32 and a two-hundred day moving average of $281.38.

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. 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.