Financial Advocates Investment Management Decreases Position in Vanguard Mid-Cap Growth ETF (VOT)

Financial Advocates Investment Management trimmed its position in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) by 71.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,454 shares of the company’s stock after selling 56,934 shares during the quarter. Financial Advocates Investment Management owned about 0.05% of Vanguard Mid-Cap Growth ETF worth $1,091,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Claybrook Capital LLC bought a new stake in Vanguard Mid-Cap Growth ETF in the fourth quarter worth $25,000. Valley National Advisers Inc. lifted its position in Vanguard Mid-Cap Growth ETF by 420.0% in the fourth quarter. Valley National Advisers Inc. now owns 260 shares of the company’s stock worth $31,000 after buying an additional 210 shares during the last quarter. WESPAC Advisors SoCal LLC bought a new stake in Vanguard Mid-Cap Growth ETF in the fourth quarter worth $35,000. Capital Investment Advisory Services LLC bought a new stake in Vanguard Mid-Cap Growth ETF in the fourth quarter worth $43,000. Finally, Prime Capital Investment Advisors LLC bought a new stake in Vanguard Mid-Cap Growth ETF in the fourth quarter worth $48,000.

VOT traded up $0.54 during trading on Friday, reaching $145.54. The company had a trading volume of 247,651 shares, compared to its average volume of 152,285. Vanguard Mid-Cap Growth ETF has a 52 week low of $111.78 and a 52 week high of $147.68.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 29th were paid a $0.2289 dividend. The ex-dividend date was Thursday, March 28th. This represents a $0.92 dividend on an annualized basis and a yield of 0.63%.

ILLEGAL ACTIVITY WARNING: This piece was reported by Baseball Daily News and is owned by of Baseball Daily News. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.baseballdailydigest.com/news/2019/04/21/financial-advocates-investment-management-reduces-stake-in-vanguard-mid-cap-growth-etf-vot.html.

Vanguard Mid-Cap Growth ETF 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.

Recommended Story: Analyzing a company’s cash flow statement

Institutional Ownership by Quarter for Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT)

Receive News & Ratings for Vanguard Mid-Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mid-Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.