Valmark Advisers Inc. Buys 13,336 Shares of Vanguard S&P Mid-Cap 400 ETF $IVOO

Valmark Advisers Inc. grew its stake in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) by 41.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,224 shares of the company’s stock after acquiring an additional 13,336 shares during the quarter. Valmark Advisers Inc. owned 0.16% of Vanguard S&P Mid-Cap 400 ETF worth $5,170,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of IVOO. Fifth Third Bancorp bought a new stake in Vanguard S&P Mid-Cap 400 ETF in the first quarter valued at approximately $154,000. Kestra Advisory Services LLC raised its stake in Vanguard S&P Mid-Cap 400 ETF by 10.1% during the 1st quarter. Kestra Advisory Services LLC now owns 55,120 shares of the company’s stock worth $6,301,000 after buying an additional 5,043 shares during the period. Bryant Woods Investment Advisors LLC raised its stake in Vanguard S&P Mid-Cap 400 ETF by 3.4% during the 1st quarter. Bryant Woods Investment Advisors LLC now owns 85,291 shares of the company’s stock worth $9,751,000 after buying an additional 2,798 shares during the period. Sound Income Strategies LLC lifted its holdings in Vanguard S&P Mid-Cap 400 ETF by 92.4% during the first quarter. Sound Income Strategies LLC now owns 279 shares of the company’s stock worth $32,000 after acquiring an additional 134 shares in the last quarter. Finally, Financial Life Planners bought a new position in Vanguard S&P Mid-Cap 400 ETF during the first quarter worth about $46,000.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

NYSEARCA:IVOO opened at $128.05 on Monday. Vanguard S&P Mid-Cap 400 ETF has a 1 year low of $103.92 and a 1 year high of $130.62. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 18.32 and a beta of 1.01. The stock has a 50-day moving average price of $126.47 and a two-hundred day moving average price of $120.86.

Vanguard S&P Mid-Cap 400 ETF Profile

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.