Westwood Wealth Management Invests $2.46 Million in Vanguard Mid-Cap Growth ETF $VOT

Westwood Wealth Management bought a new position in shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) during the fourth quarter, Holdings Channel.com reports. The fund bought 8,828 shares of the company’s stock, valued at approximately $2,464,000. Vanguard Mid-Cap Growth ETF makes up 1.9% of Westwood Wealth Management’s holdings, making the stock its 15th biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VOT. Signal Advisors Wealth LLC raised its position in Vanguard Mid-Cap Growth ETF by 8.9% in the fourth quarter. Signal Advisors Wealth LLC now owns 2,884 shares of the company’s stock worth $805,000 after acquiring an additional 236 shares in the last quarter. Olistico Wealth LLC acquired a new stake in shares of Vanguard Mid-Cap Growth ETF in the fourth quarter valued at approximately $133,000. Beacon Financial Strategies CORP purchased a new position in shares of Vanguard Mid-Cap Growth ETF during the 4th quarter worth approximately $94,000. Moody National Bank Trust Division raised its position in shares of Vanguard Mid-Cap Growth ETF by 3.4% during the 4th quarter. Moody National Bank Trust Division now owns 12,255 shares of the company’s stock worth $3,421,000 after purchasing an additional 406 shares during the last quarter. Finally, DAVENPORT & Co LLC lifted its stake in Vanguard Mid-Cap Growth ETF by 3.8% in the 4th quarter. DAVENPORT & Co LLC now owns 10,349 shares of the company’s stock valued at $2,889,000 after buying an additional 380 shares in the last quarter.

Vanguard Mid-Cap Growth ETF Stock Down 2.0%

VOT stock opened at $252.33 on Friday. The stock’s fifty day simple moving average is $273.02 and its 200-day simple moving average is $282.10. Vanguard Mid-Cap Growth ETF has a 52-week low of $209.64 and a 52-week high of $298.66. The stock has a market capitalization of $16.16 billion, a price-to-earnings ratio of 31.98 and a beta of 1.16.

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. 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.