Betterment LLC boosted its holdings in Vanguard Mid-Cap Value ETF (NYSEARCA:VOE) by 5.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,206,977 shares of the company’s stock after buying an additional 358,571 shares during the period. Vanguard Mid-Cap Value ETF makes up about 4.7% of Betterment LLC’s investment portfolio, making the stock its 7th largest position. Betterment LLC owned about 8.70% of Vanguard Mid-Cap Value ETF worth $777,489,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Deutsche Bank AG bought a new stake in shares of Vanguard Mid-Cap Value ETF during the fourth quarter valued at approximately $57,415,000. Bank of America Corp DE increased its position in shares of Vanguard Mid-Cap Value ETF by 15.7% during the fourth quarter. Bank of America Corp DE now owns 2,523,784 shares of the company’s stock valued at $240,416,000 after purchasing an additional 343,337 shares during the period. Summit Financial LLC bought a new stake in shares of Vanguard Mid-Cap Value ETF during the fourth quarter valued at approximately $27,994,000. Stephens Group Asset Management LLC bought a new stake in shares of Vanguard Mid-Cap Value ETF during the fourth quarter valued at approximately $13,197,000. Finally, Claybrook Capital LLC bought a new stake in shares of Vanguard Mid-Cap Value ETF during the fourth quarter valued at approximately $11,684,000.

Shares of VOE traded up $0.30 on Thursday, reaching $110.81. 214,905 shares of the stock traded hands, compared to its average volume of 416,740. Vanguard Mid-Cap Value ETF has a 12 month low of $89.59 and a 12 month high of $116.27.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Friday, March 29th were given a dividend of $0.5216 per share. This represents a $2.09 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date was Thursday, March 28th.

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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.

Further Reading: Cost of equity and a company’s balance sheet

Institutional Ownership by Quarter for Vanguard Mid-Cap Value ETF (NYSEARCA:VOE)

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