Arax Advisory Partners Makes New Investment in Vanguard Mid-Cap Growth ETF $VOT

Arax Advisory Partners bought a new stake in shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) in the 4th quarter, HoldingsChannel.com reports. The firm bought 16,427 shares of the company’s stock, valued at approximately $4,586,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dagco Inc. bought a new stake in shares of Vanguard Mid-Cap Growth ETF in the 4th quarter worth about $28,000. Acumen Wealth Advisors LLC bought a new stake in shares of Vanguard Mid-Cap Growth ETF in the 4th quarter worth about $29,000. Founders Capital Management bought a new stake in shares of Vanguard Mid-Cap Growth ETF in the 3rd quarter worth about $32,000. Caitlin John LLC bought a new position in Vanguard Mid-Cap Growth ETF during the third quarter worth $46,000. Finally, Entrust Financial LLC bought a new position in Vanguard Mid-Cap Growth ETF during the fourth quarter worth $46,000.

Vanguard Mid-Cap Growth ETF Price Performance

Shares of VOT opened at $297.16 on Monday. The business’s fifty day moving average price is $285.37 and its 200 day moving average price is $279.92. Vanguard Mid-Cap Growth ETF has a 12-month low of $248.23 and a 12-month high of $304.99. The stock has a market capitalization of $19.06 billion, a PE ratio of 31.98 and a beta of 1.16.

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.