Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Sets New 1-Year High – Here’s Why

Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $311.30 and last traded at $310.01, with a volume of 8146 shares trading hands. The stock had previously closed at $306.51.

Vanguard Mid-Cap Growth ETF Trading Up 1.1%

The company has a 50 day simple moving average of $299.80 and a 200 day simple moving average of $284.96. The stock has a market cap of $20.14 billion, a P/E ratio of 31.98 and a beta of 1.16.

Institutional Trading of Vanguard Mid-Cap Growth ETF

A number of institutional investors have recently made changes to their positions in the business. Morgan Stanley grew its position in Vanguard Mid-Cap Growth ETF by 1.5% in the fourth quarter. Morgan Stanley now owns 2,972,164 shares of the company’s stock valued at $829,650,000 after purchasing an additional 43,368 shares in the last quarter. Assetmark Inc. lifted its position in Vanguard Mid-Cap Growth ETF by 2.8% during the 4th quarter. Assetmark Inc. now owns 2,218,378 shares of the company’s stock worth $619,238,000 after buying an additional 61,388 shares in the last quarter. Bank of America Corp DE lifted its position in Vanguard Mid-Cap Growth ETF by 2.6% during the 1st quarter. Bank of America Corp DE now owns 2,157,636 shares of the company’s stock worth $555,268,000 after buying an additional 54,788 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Vanguard Mid-Cap Growth ETF by 2.6% during the 4th quarter. Wells Fargo & Company MN now owns 1,615,293 shares of the company’s stock worth $450,893,000 after buying an additional 40,251 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in shares of Vanguard Mid-Cap Growth ETF during the 4th quarter worth about $392,288,000.

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.