Assetmark Inc. Has $551.15 Million Stake in Vanguard Mid-Cap Growth ETF $VOT

Assetmark Inc. trimmed its stake in shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) by 3.5% during the first quarter, Holdings Channel.com reports. The firm owned 2,141,628 shares of the company’s stock after selling 76,750 shares during the period. Vanguard Mid-Cap Growth ETF accounts for approximately 1.1% of Assetmark Inc.’s holdings, making the stock its 16th largest position. Assetmark Inc.’s holdings in Vanguard Mid-Cap Growth ETF were worth $551,148,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Morgan Stanley raised its position in Vanguard Mid-Cap Growth ETF by 1.5% in the 4th quarter. Morgan Stanley now owns 2,972,164 shares of the company’s stock worth $829,650,000 after purchasing an additional 43,368 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Vanguard Mid-Cap Growth ETF by 2.6% in the 4th quarter. Wells Fargo & Company MN now owns 1,615,293 shares of the company’s stock valued at $450,893,000 after buying an additional 40,251 shares during the period. EP Wealth Advisors LLC acquired a new stake in shares of Vanguard Mid-Cap Growth ETF in the 4th quarter valued at $392,288,000. Truepoint Inc. raised its position in shares of Vanguard Mid-Cap Growth ETF by 2.5% during the fourth quarter. Truepoint Inc. now owns 1,068,574 shares of the company’s stock worth $298,282,000 after acquiring an additional 25,761 shares during the last quarter. Finally, Vantagepoint Investment Advisers LLC raised its position in shares of Vanguard Mid-Cap Growth ETF by 5.1% during the fourth quarter. Vantagepoint Investment Advisers LLC now owns 984,312 shares of the company’s stock worth $274,761,000 after acquiring an additional 47,735 shares during the last quarter.

Vanguard Mid-Cap Growth ETF Stock Down 1.1%

Shares of VOT opened at $295.54 on Friday. The stock’s fifty day simple moving average is $297.23 and its 200-day simple moving average is $283.14. The firm has a market capitalization of $19.21 billion, a PE ratio of 31.98 and a beta of 1.15. Vanguard Mid-Cap Growth ETF has a 12-month low of $248.23 and a 12-month 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.