Arrow Investment Advisors LLC acquired a new stake in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 135,434 shares of the company’s stock, valued at approximately $18,204,000. Vanguard Mid-Cap Growth ETF accounts for 5.9% of Arrow Investment Advisors LLC’s investment portfolio, making the stock its 5th largest position. Arrow Investment Advisors LLC owned about 0.32% of Vanguard Mid-Cap Growth ETF at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. QCI Asset Management Inc. NY bought a new position in Vanguard Mid-Cap Growth ETF in the 1st quarter valued at about $130,000. BerganKDV Wealth Management LLC purchased a new stake in shares of Vanguard Mid-Cap Growth ETF during the 2nd quarter worth approximately $141,000. Cahaba Wealth Management Inc. purchased a new stake in shares of Vanguard Mid-Cap Growth ETF during the 2nd quarter worth approximately $201,000. Silicon Valley Capital Partners purchased a new stake in shares of Vanguard Mid-Cap Growth ETF during the 1st quarter worth approximately $201,000. Finally, RMB Capital Management LLC purchased a new stake in shares of Vanguard Mid-Cap Growth ETF during the 1st quarter worth approximately $201,000.
Vanguard Mid-Cap Growth ETF stock traded up $0.44 during mid-day trading on Friday, reaching $143.21. The company’s stock had a trading volume of 63,781 shares, compared to its average volume of 133,521. Vanguard Mid-Cap Growth ETF has a 12-month low of $117.11 and a 12-month high of $143.82.
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.
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