Vanguard S&P Mid-Cap 400 ETF (IVOO) to Issue Quarterly Dividend of $0.43 on December 24th

Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) declared a quarterly dividend on Thursday, April 3rd. Stockholders of record on Monday, December 22nd will be paid a dividend of 0.4273 per share on Wednesday, December 24th. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, December 22nd. This is a 10.9% increase from Vanguard S&P Mid-Cap 400 ETF’s previous quarterly dividend of $0.39.

Vanguard S&P Mid-Cap 400 ETF Trading Up 0.8%

NYSEARCA IVOO traded up $0.93 during trading hours on Friday, reaching $113.66. 56,059 shares of the company’s stock were exchanged, compared to its average volume of 100,792. The firm has a fifty day moving average of $110.60 and a 200-day moving average of $108.76. Vanguard S&P Mid-Cap 400 ETF has a one year low of $84.85 and a one year high of $115.34. The stock has a market cap of $2.95 billion, a PE ratio of 18.32 and a beta of 1.07.

Institutional Trading of Vanguard S&P Mid-Cap 400 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IVOO. Bank of America Corp DE boosted its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 10.7% in the 3rd quarter. Bank of America Corp DE now owns 1,306,760 shares of the company’s stock valued at $144,240,000 after purchasing an additional 126,381 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Vanguard S&P Mid-Cap 400 ETF by 2,162.2% in the first quarter. Goldman Sachs Group Inc. now owns 853,272 shares of the company’s stock valued at $84,218,000 after buying an additional 815,554 shares during the period. Hantz Financial Services Inc. boosted its stake in Vanguard S&P Mid-Cap 400 ETF by 45.0% in the third quarter. Hantz Financial Services Inc. now owns 782,136 shares of the company’s stock valued at $86,331,000 after acquiring an additional 242,671 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard S&P Mid-Cap 400 ETF by 1.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 543,766 shares of the company’s stock worth $60,021,000 after acquiring an additional 9,519 shares during the period. Finally, Starr Indemnity & Liability Co bought a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the 2nd quarter valued at $38,223,000.

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.