Summit Wealth Group LLC Co. Takes $1.49 Million Position in Vanguard Mid-Cap Growth ETF $VOT

Summit Wealth Group LLC Co. purchased a new stake in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,343 shares of the company’s stock, valued at approximately $1,491,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Assetmark Inc. increased its stake in shares of Vanguard Mid-Cap Growth ETF by 2.8% in the 4th quarter. Assetmark Inc. now owns 2,218,378 shares of the company’s stock valued at $619,238,000 after acquiring an additional 61,388 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Vanguard Mid-Cap Growth ETF by 1.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,115,856 shares of the company’s stock valued at $327,827,000 after acquiring an additional 17,141 shares during the last quarter. Truepoint Inc. increased its stake in shares of Vanguard Mid-Cap Growth ETF by 0.6% in the 3rd quarter. Truepoint Inc. now owns 1,042,813 shares of the company’s stock valued at $306,368,000 after acquiring an additional 6,710 shares during the last quarter. Vantagepoint Investment Advisers LLC increased its stake in shares of Vanguard Mid-Cap Growth ETF by 5.1% in the 4th quarter. Vantagepoint Investment Advisers LLC now owns 984,312 shares of the company’s stock valued at $274,761,000 after acquiring an additional 47,735 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of Vanguard Mid-Cap Growth ETF by 5.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 806,462 shares of the company’s stock valued at $234,965,000 after acquiring an additional 38,831 shares during the last quarter.

Vanguard Mid-Cap Growth ETF Price Performance

Shares of VOT stock opened at $287.51 on Wednesday. The stock has a market cap of $18.44 billion, a PE ratio of 31.98 and a beta of 1.17. The stock has a 50-day moving average of $272.77 and a 200-day moving average of $278.60. Vanguard Mid-Cap Growth ETF has a one year low of $248.23 and a one year high of $298.66.

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.