Gateway Wealth Partners LLC Invests $2.52 Million in Vanguard Mid-Cap Growth ETF $VOT

Gateway Wealth Partners LLC bought a new stake in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) in the first quarter, HoldingsChannel.com reports. The firm bought 9,775 shares of the company’s stock, valued at approximately $2,516,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. EP Wealth Advisors LLC purchased a new stake in Vanguard Mid-Cap Growth ETF during the 4th quarter worth about $392,288,000. Busey Bank boosted its stake in shares of Vanguard Mid-Cap Growth ETF by 4,378.8% in the 4th quarter. Busey Bank now owns 240,737 shares of the company’s stock valued at $67,199,000 after buying an additional 235,362 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard Mid-Cap Growth ETF by 22.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 902,235 shares of the company’s stock valued at $251,850,000 after buying an additional 163,438 shares during the period. CIBC Private Wealth Group LLC grew its position in shares of Vanguard Mid-Cap Growth ETF by 676.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 174,148 shares of the company’s stock worth $48,612,000 after buying an additional 151,715 shares in the last quarter. Finally, Sharp Wealth Advisory LLC acquired a new position in shares of Vanguard Mid-Cap Growth ETF during the first quarter worth about $28,845,000.

Vanguard Mid-Cap Growth ETF Stock Performance

VOT stock opened at $294.71 on Tuesday. The company’s 50 day moving average price is $298.18 and its 200 day moving average price is $283.72. The firm has a market capitalization of $19.15 billion, a price-to-earnings ratio of 31.98 and a beta of 1.15. Vanguard Mid-Cap Growth ETF has a fifty-two week low of $248.23 and a fifty-two week high of $309.44.

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.