Merit Financial Group LLC Cuts Stake in Vanguard Mid-Cap Value ETF $VOE

Merit Financial Group LLC reduced its position in shares of Vanguard Mid-Cap Value ETF (NYSEARCA:VOE) by 8.6% during the third quarter, HoldingsChannel reports. The firm owned 36,698 shares of the company’s stock after selling 3,458 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Mid-Cap Value ETF were worth $6,407,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Founders Financial Securities LLC increased its position in shares of Vanguard Mid-Cap Value ETF by 56.0% in the 3rd quarter. Founders Financial Securities LLC now owns 12,257 shares of the company’s stock worth $2,140,000 after purchasing an additional 4,402 shares during the last quarter. Dougherty Wealth Advisers LLC raised its stake in Vanguard Mid-Cap Value ETF by 3.5% during the third quarter. Dougherty Wealth Advisers LLC now owns 87,941 shares of the company’s stock worth $15,353,000 after acquiring an additional 2,958 shares during the period. American Trust bought a new position in Vanguard Mid-Cap Value ETF in the second quarter worth about $919,000. Chicago Partners Investment Group LLC boosted its stake in Vanguard Mid-Cap Value ETF by 0.5% in the second quarter. Chicago Partners Investment Group LLC now owns 83,409 shares of the company’s stock valued at $14,198,000 after acquiring an additional 387 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in shares of Vanguard Mid-Cap Value ETF by 464.7% during the third quarter. Farther Finance Advisors LLC now owns 28,679 shares of the company’s stock valued at $5,007,000 after purchasing an additional 23,600 shares during the last quarter.

Vanguard Mid-Cap Value ETF Price Performance

Shares of VOE opened at $177.37 on Friday. Vanguard Mid-Cap Value ETF has a 12 month low of $139.38 and a 12 month high of $181.92. The stock has a fifty day moving average price of $175.73 and a 200 day moving average price of $171.93. The company has a market cap of $19.52 billion, a P/E ratio of 17.19 and a beta of 0.94.

Vanguard Mid-Cap Value ETF Company Profile

Vanguard Mid-Cap Value Index Fund (Fund) is an open-end investment company, or mutual fund. The fund offers two classes of shares: Investor Shares and ETF Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. ETF Shares can be purchased and sold through a broker.