Fairway Wealth LLC Reduces Stake in Vanguard S&P Mid-Cap 400 ETF $IVOO

Fairway Wealth LLC lowered its holdings in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) by 6.8% during the second quarter, HoldingsChannel reports. The fund owned 17,600 shares of the company’s stock after selling 1,291 shares during the period. Vanguard S&P Mid-Cap 400 ETF accounts for about 0.4% of Fairway Wealth LLC’s investment portfolio, making the stock its 28th biggest holding. Fairway Wealth LLC’s holdings in Vanguard S&P Mid-Cap 400 ETF were worth $1,848,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Goldman Sachs Group Inc. increased its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2,162.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 853,272 shares of the company’s stock valued at $84,218,000 after acquiring an additional 815,554 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 6.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 486,406 shares of the company’s stock valued at $48,008,000 after acquiring an additional 27,774 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 5.6% in the 1st quarter. Raymond James Financial Inc. now owns 308,127 shares of the company’s stock valued at $30,412,000 after acquiring an additional 16,313 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 15.4% in the 1st quarter. Royal Bank of Canada now owns 195,972 shares of the company’s stock valued at $19,343,000 after acquiring an additional 26,125 shares during the last quarter. Finally, Francis Financial Inc. increased its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 22.2% in the 1st quarter. Francis Financial Inc. now owns 191,464 shares of the company’s stock valued at $18,898,000 after acquiring an additional 34,839 shares during the last quarter.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

IVOO opened at $109.11 on Monday. Vanguard S&P Mid-Cap 400 ETF has a one year low of $84.85 and a one year high of $115.71. The company has a market cap of $2.83 billion, a P/E ratio of 18.32 and a beta of 1.13. The business’s 50-day simple moving average is $110.03 and its 200-day simple moving average is $104.60.

About Vanguard S&P Mid-Cap 400 ETF

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.