Advisors Capital Management LLC Makes New Investment in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT)

Advisors Capital Management LLC acquired a new stake in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,035 shares of the company’s stock, valued at approximately $263,000.

Other hedge funds also recently modified their holdings of the company. Assetmark Inc. raised its stake in Vanguard Mid-Cap Growth ETF by 4.7% during the 4th quarter. Assetmark Inc. now owns 2,288,077 shares of the company’s stock valued at $580,600,000 after purchasing an additional 102,332 shares during the last quarter. Strategic Financial Concepts LLC raised its position in shares of Vanguard Mid-Cap Growth ETF by 26,367.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,856,460 shares of the company’s stock valued at $471,077,000 after buying an additional 1,849,446 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of Vanguard Mid-Cap Growth ETF by 7.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,374,808 shares of the company’s stock valued at $348,857,000 after buying an additional 95,821 shares during the last quarter. Wealthfront Advisers LLC lifted its stake in shares of Vanguard Mid-Cap Growth ETF by 8,892.5% in the fourth quarter. Wealthfront Advisers LLC now owns 706,000 shares of the company’s stock valued at $179,148,000 after buying an additional 698,149 shares during the period. Finally, Jones Financial Companies Lllp grew its position in Vanguard Mid-Cap Growth ETF by 2.2% during the fourth quarter. Jones Financial Companies Lllp now owns 699,325 shares of the company’s stock worth $177,454,000 after buying an additional 15,146 shares in the last quarter.

Vanguard Mid-Cap Growth ETF Stock Up 0.2 %

Shares of VOT opened at $236.04 on Wednesday. The stock’s 50-day moving average price is $250.13 and its 200 day moving average price is $256.34. The firm has a market capitalization of $14.34 billion, a price-to-earnings ratio of 28.69 and a beta of 1.17. Vanguard Mid-Cap Growth ETF has a 12-month low of $209.64 and a 12-month high of $277.35.

Vanguard Mid-Cap Growth ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.4516 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a boost from Vanguard Mid-Cap Growth ETF’s previous dividend of $0.39.

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.