Sovereign Financial Group Inc. Decreases Stake in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT)

Sovereign Financial Group Inc. cut its holdings in shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) by 16.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,892 shares of the company’s stock after selling 367 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Vanguard Mid-Cap Growth ETF were worth $446,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VOT. Morgan Stanley raised its stake in shares of Vanguard Mid-Cap Growth ETF by 3.0% during the 3rd quarter. Morgan Stanley now owns 2,247,132 shares of the company’s stock valued at $437,674,000 after purchasing an additional 65,321 shares during the period. Assetmark Inc. increased its position in shares of Vanguard Mid-Cap Growth ETF by 5.2% during the fourth quarter. Assetmark Inc. now owns 1,970,518 shares of the company’s stock valued at $432,667,000 after buying an additional 98,144 shares during the period. EP Wealth Advisors LLC lifted its holdings in shares of Vanguard Mid-Cap Growth ETF by 15.4% in the fourth quarter. EP Wealth Advisors LLC now owns 467,790 shares of the company’s stock worth $102,713,000 after buying an additional 62,398 shares in the last quarter. Stephens Group Asset Management LLC boosted its position in shares of Vanguard Mid-Cap Growth ETF by 2.8% in the fourth quarter. Stephens Group Asset Management LLC now owns 443,087 shares of the company’s stock valued at $97,289,000 after acquiring an additional 11,875 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in Vanguard Mid-Cap Growth ETF by 2.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 409,043 shares of the company’s stock valued at $89,814,000 after acquiring an additional 10,570 shares in the last quarter.

Vanguard Mid-Cap Growth ETF Price Performance

NYSEARCA VOT opened at $230.32 on Friday. The company’s 50 day simple moving average is $229.50 and its two-hundred day simple moving average is $225.69. Vanguard Mid-Cap Growth ETF has a 1 year low of $179.43 and a 1 year high of $236.47. The stock has a market capitalization of $12.95 billion, a PE ratio of 29.99 and a beta of 1.15.

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.