Stephens Group Asset Management LLC Boosts Position in Vanguard Mid-Cap Growth ETF $VOT

Stephens Group Asset Management LLC lifted its position in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) by 3.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 689,650 shares of the company’s stock after purchasing an additional 23,323 shares during the quarter. Vanguard Mid-Cap Growth ETF accounts for about 11.5% of Stephens Group Asset Management LLC’s holdings, making the stock its 4th largest holding. Stephens Group Asset Management LLC owned approximately 1.05% of Vanguard Mid-Cap Growth ETF worth $201,447,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE grew its position in Vanguard Mid-Cap Growth ETF by 2.6% during the 1st quarter. Bank of America Corp DE now owns 2,157,636 shares of the company’s stock worth $555,268,000 after acquiring an additional 54,788 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Vanguard Mid-Cap Growth ETF by 1.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,114,697 shares of the company’s stock valued at $286,867,000 after acquiring an additional 10,638 shares in the last quarter. Truepoint Inc. raised its holdings in shares of Vanguard Mid-Cap Growth ETF by 2.5% during the fourth quarter. Truepoint Inc. now owns 1,068,574 shares of the company’s stock valued at $298,282,000 after acquiring an additional 25,761 shares in the last quarter. Busey Bank lifted its stake in Vanguard Mid-Cap Growth ETF by 13.3% in the first quarter. Busey Bank now owns 272,682 shares of the company’s stock worth $70,175,000 after acquiring an additional 31,945 shares during the period. Finally, Everhart Financial Group Inc. boosted its holdings in Vanguard Mid-Cap Growth ETF by 8.4% in the third quarter. Everhart Financial Group Inc. now owns 234,303 shares of the company’s stock valued at $68,440,000 after acquiring an additional 18,229 shares in the last quarter.

Vanguard Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA VOT traded up $4.13 during midday trading on Friday, hitting $301.99. 78,568 shares of the company traded hands, compared to its average volume of 220,438. Vanguard Mid-Cap Growth ETF has a 12-month low of $248.23 and a 12-month high of $315.14. The stock has a 50-day moving average price of $300.32 and a 200 day moving average price of $292.56. The firm has a market cap of $19.81 billion, a P/E ratio of 31.98 and a beta of 1.17.

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.