Axiom Financial Strategies LLC Makes New $14.43 Million Investment in Vanguard Mid-Cap Growth ETF $VOT

Axiom Financial Strategies LLC bought a new position in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 49,128 shares of the company’s stock, valued at approximately $14,433,000. Vanguard Mid-Cap Growth ETF accounts for 6.2% of Axiom Financial Strategies LLC’s holdings, making the stock its 4th biggest holding.

Other large investors have also recently modified their holdings of the company. Anchor Investment Management LLC raised its stake in Vanguard Mid-Cap Growth ETF by 23.7% in the third quarter. Anchor Investment Management LLC now owns 2,518 shares of the company’s stock worth $740,000 after buying an additional 483 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Vanguard Mid-Cap Growth ETF by 3.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 303,699 shares of the company’s stock valued at $89,172,000 after acquiring an additional 9,446 shares in the last quarter. Creative Planning grew its holdings in shares of Vanguard Mid-Cap Growth ETF by 3.5% during the 3rd quarter. Creative Planning now owns 138,573 shares of the company’s stock worth $40,711,000 after acquiring an additional 4,728 shares during the period. Raymond James Financial Inc. grew its holdings in shares of Vanguard Mid-Cap Growth ETF by 14.2% during the 3rd quarter. Raymond James Financial Inc. now owns 446,471 shares of the company’s stock worth $131,168,000 after acquiring an additional 55,392 shares during the period. Finally, Virtu Financial LLC bought a new position in shares of Vanguard Mid-Cap Growth ETF in the 3rd quarter worth approximately $2,245,000.

Vanguard Mid-Cap Growth ETF Stock Down 0.1%

VOT opened at $263.21 on Friday. The stock has a market cap of $16.86 billion, a PE ratio of 31.98 and a beta of 1.16. The business has a 50 day moving average of $277.77 and a 200-day moving average of $283.91. Vanguard Mid-Cap Growth ETF has a 52 week low of $209.64 and a 52 week high of $298.66.

About Vanguard Mid-Cap Growth ETF

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.