Cornerstone Financial Management LLC Invests $1.51 Million in Vanguard S&P Mid-Cap 400 Value ETF $IVOV

Cornerstone Financial Management LLC purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOVFree Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 14,905 shares of the company’s stock, valued at approximately $1,506,000. Vanguard S&P Mid-Cap 400 Value ETF makes up 1.4% of Cornerstone Financial Management LLC’s portfolio, making the stock its 19th largest position.

Other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth approximately $34,000. Assetmark Inc. grew its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 65.6% during the 4th quarter. Assetmark Inc. now owns 346 shares of the company’s stock worth $35,000 after buying an additional 137 shares during the period. Sound Income Strategies LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth approximately $37,000. Geneos Wealth Management Inc. grew its position in shares of Vanguard S&P Mid-Cap 400 Value ETF by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 448 shares of the company’s stock worth $43,000 after buying an additional 224 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth approximately $112,000.

Vanguard S&P Mid-Cap 400 Value ETF Stock Performance

Shares of NYSEARCA IVOV opened at $113.09 on Friday. The stock has a market cap of $1.32 billion, a P/E ratio of 15.67 and a beta of 0.98. The firm has a 50 day moving average price of $108.22 and a 200 day moving average price of $105.75. Vanguard S&P Mid-Cap 400 Value ETF has a 52-week low of $92.46 and a 52-week high of $113.33.

About Vanguard S&P Mid-Cap 400 Value ETF

(Free Report)

The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Value index. The fund tracks an index of value-style securities from the Committee-selected S&P mid-cap 400. IVOV was launched on Sep 9, 2010 and is managed by Vanguard.

See Also

Want to see what other hedge funds are holding IVOV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOVFree Report).

Institutional Ownership by Quarter for Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)

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