Rialto Wealth Management LLC Cuts Stake in Vanguard S&P Mid-Cap 400 Growth ETF $IVOG

Rialto Wealth Management LLC cut its holdings in shares of Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) by 16.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 3,194 shares of the company’s stock after selling 644 shares during the period. Rialto Wealth Management LLC’s holdings in Vanguard S&P Mid-Cap 400 Growth ETF were worth $361,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF by 8,244.0% in the first quarter. Jones Financial Companies Lllp now owns 80,186 shares of the company’s stock worth $8,273,000 after acquiring an additional 79,225 shares in the last quarter. Drucker Wealth 3.0 LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Growth ETF in the second quarter valued at $1,681,000. Chicago Partners Investment Group LLC purchased a new position in Vanguard S&P Mid-Cap 400 Growth ETF in the first quarter valued at $1,277,000. LJI Wealth Management LLC grew its stake in Vanguard S&P Mid-Cap 400 Growth ETF by 11.8% during the 2nd quarter. LJI Wealth Management LLC now owns 113,975 shares of the company’s stock worth $12,883,000 after purchasing an additional 12,026 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in Vanguard S&P Mid-Cap 400 Growth ETF by 12.8% during the 1st quarter. Cetera Investment Advisers now owns 64,778 shares of the company’s stock worth $6,683,000 after purchasing an additional 7,348 shares in the last quarter.

Vanguard S&P Mid-Cap 400 Growth ETF Price Performance

IVOG stock opened at $119.35 on Friday. The firm has a market capitalization of $1.35 billion, a P/E ratio of 21.73 and a beta of 1.09. The business’s 50-day moving average is $119.53 and its two-hundred day moving average is $114.69. Vanguard S&P Mid-Cap 400 Growth ETF has a 1 year low of $89.23 and a 1 year high of $124.73.

Vanguard S&P Mid-Cap 400 Growth ETF Profile

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