Northwestern Mutual Wealth Management Co. Increases Stake in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO)

Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) by 4.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 368,093 shares of the company’s stock after purchasing an additional 15,439 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 1.87% of Vanguard S&P Mid-Cap 400 ETF worth $36,481,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Lowe Wealth Advisors LLC bought a new position in Vanguard S&P Mid-Cap 400 ETF during the 2nd quarter valued at about $29,000. Russell Investments Group Ltd. bought a new position in Vanguard S&P Mid-Cap 400 ETF during the 1st quarter valued at about $41,000. Asset Dedication LLC bought a new position in Vanguard S&P Mid-Cap 400 ETF during the 2nd quarter valued at about $40,000. Mather Group LLC. bought a new position in Vanguard S&P Mid-Cap 400 ETF during the 2nd quarter valued at about $44,000. Finally, International Assets Investment Management LLC bought a new position in Vanguard S&P Mid-Cap 400 ETF during the 2nd quarter valued at about $52,000.

Vanguard S&P Mid-Cap 400 ETF Stock Performance

IVOO opened at $105.63 on Tuesday. The stock has a market capitalization of $2.07 billion, a P/E ratio of 7.55 and a beta of 1.11. The company’s 50-day simple moving average is $102.57 and its two-hundred day simple moving average is $100.89. Vanguard S&P Mid-Cap 400 ETF has a 52-week low of $78.54 and a 52-week high of $106.45.

About Vanguard S&P Mid-Cap 400 ETF

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.