Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Reaches New 1-Year High – Here’s What Happened

Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) reached a new 52-week high during trading on Wednesday . The stock traded as high as $309.70 and last traded at $309.13, with a volume of 16945 shares traded. The stock had previously closed at $307.16.

Vanguard Mid-Cap Growth ETF Trading Down 1.1%

The firm has a market cap of $19.63 billion, a P/E ratio of 31.98 and a beta of 1.16. The company’s 50 day simple moving average is $299.53 and its 200-day simple moving average is $284.45.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its stake in shares of Vanguard Mid-Cap Growth ETF by 30.3% in the 4th quarter. Brighton Jones LLC now owns 11,500 shares of the company’s stock worth $2,918,000 after buying an additional 2,673 shares during the last quarter. AQR Capital Management LLC purchased a new position in Vanguard Mid-Cap Growth ETF in the first quarter worth about $396,000. Goldman Sachs Group Inc. grew its stake in shares of Vanguard Mid-Cap Growth ETF by 10.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,823 shares of the company’s stock valued at $7,541,000 after purchasing an additional 2,954 shares during the period. Russell Investments Group Ltd. increased its position in shares of Vanguard Mid-Cap Growth ETF by 92.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,166 shares of the company’s stock valued at $332,000 after purchasing an additional 561 shares during the last quarter. Finally, M&T Bank Corp lifted its stake in shares of Vanguard Mid-Cap Growth ETF by 19.6% in the 2nd quarter. M&T Bank Corp now owns 1,001 shares of the company’s stock worth $285,000 after purchasing an additional 164 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.