Phillips Financial Management LLC Cuts Position in Vanguard S&P Mid-Cap 400 ETF $IVOO

Phillips Financial Management LLC lowered its holdings in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) by 14.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,810 shares of the company’s stock after selling 5,785 shares during the quarter. Phillips Financial Management LLC owned 0.13% of Vanguard S&P Mid-Cap 400 ETF worth $3,732,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IVOO. Assetmark Inc. lifted its stake in shares of Vanguard S&P Mid-Cap 400 ETF by 96.1% in the second quarter. Assetmark Inc. now owns 253 shares of the company’s stock valued at $27,000 after purchasing an additional 124 shares during the period. CWM LLC increased its holdings in Vanguard S&P Mid-Cap 400 ETF by 77.7% in the third quarter. CWM LLC now owns 359 shares of the company’s stock valued at $40,000 after buying an additional 157 shares in the last quarter. Atticus Wealth Management LLC purchased a new position in Vanguard S&P Mid-Cap 400 ETF in the second quarter valued at about $43,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Vanguard S&P Mid-Cap 400 ETF during the 2nd quarter valued at approximately $58,000. Finally, Geneos Wealth Management Inc. lifted its position in shares of Vanguard S&P Mid-Cap 400 ETF by 35.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the company’s stock valued at $103,000 after acquiring an additional 276 shares during the period.

Vanguard S&P Mid-Cap 400 ETF Price Performance

Shares of NYSEARCA:IVOO opened at $117.00 on Friday. The firm has a market capitalization of $3.13 billion, a price-to-earnings ratio of 18.32 and a beta of 1.07. The business’s 50 day simple moving average is $111.80 and its 200-day simple moving average is $109.97. Vanguard S&P Mid-Cap 400 ETF has a 12 month low of $84.85 and a 12 month high of $117.18.

About Vanguard S&P Mid-Cap 400 ETF

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.