Royal Bank of Canada Sells 494,813 Shares of Vanguard Mid-Cap Growth ETF $VOT

Royal Bank of Canada lessened its holdings in shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) by 27.8% in the first quarter, Holdings Channel.com reports. The fund owned 1,282,983 shares of the company’s stock after selling 494,813 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard Mid-Cap Growth ETF were worth $330,176,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of VOT. Quantinno Capital Management LP boosted its position in shares of Vanguard Mid-Cap Growth ETF by 47.2% in the 1st quarter. Quantinno Capital Management LP now owns 15,654 shares of the company’s stock worth $4,029,000 after purchasing an additional 5,017 shares during the last quarter. Gateway Wealth Partners LLC bought a new stake in Vanguard Mid-Cap Growth ETF in the first quarter valued at about $2,516,000. Van Diest Capital LLC bought a new stake in Vanguard Mid-Cap Growth ETF in the first quarter valued at about $262,000. Matrix Private Capital Group LLC bought a new stake in Vanguard Mid-Cap Growth ETF in the first quarter valued at about $153,000. Finally, GC Wealth Management RIA LLC lifted its stake in Vanguard Mid-Cap Growth ETF by 3.5% in the first quarter. GC Wealth Management RIA LLC now owns 8,775 shares of the company’s stock valued at $2,258,000 after buying an additional 293 shares during the period.

Vanguard Mid-Cap Growth ETF Trading Down 1.2%

Shares of VOT opened at $290.39 on Thursday. The stock has a market cap of $18.87 billion, a P/E ratio of 31.98 and a beta of 1.15. Vanguard Mid-Cap Growth ETF has a 1 year low of $248.23 and a 1 year high of $309.44. The stock’s 50-day moving average price is $298.51 and its two-hundred day moving average price is $283.82.

Vanguard Mid-Cap Growth ETF Company 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.