MML Investors Services LLC Increases Investment in Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG)
MML Investors Services LLC has boosted its investment in the Vanguard S&P Mid-Cap 400 Growth ETF (NYSEARCA:IVOG) by 3.9% during the third quarter of 2024. According to recent reports from Holdings Channel, this fund possesses 9,098 shares of the ETF after acquiring an additional 340 shares in this period. By the end of the most recent reporting period, MML Investors Services LLC's holdings in the Vanguard ETF were valued at approximately $1,043,000.
A number of other significant investors have also adjusted their stakes in IVOG recently. For instance, Northwestern Mutual Wealth Management Co. increased its holdings by 1.5% during the second quarter, now owning 9,702 shares valued at $1,063,000 following the purchase of an extra 146 shares. Similarly, Thrivent Financial for Lutherans raised its stake by 1.0% in the same quarter, bringing its total to 18,073 shares worth $1,980,000 after acquiring another 183 shares.
Furthermore, Sunburst Financial Group LLC raised its investment in the ETF by 6.4% this last quarter, now holding 3,283 shares valued at approximately $376,000 after buying 198 additional shares. Kiely Wealth Advisory Group Inc. also increased its stake significantly by 12.5% in the third quarter, now owning 1,785 shares valued at around $215,000 after acquiring 199 shares. Lastly, Bristlecone Advisors LLC established a new stake in the Vanguard S&P Mid-Cap 400 Growth ETF in the third quarter, with an estimated value of about $25,000.
Current Performance of Vanguard S&P Mid-Cap 400 Growth ETF
The shares of IVOG opened at $114.19 on Friday. The ETF has a 50-day moving average of $118.51 and a 200-day moving average of $113.70. Additionally, it carries a market capitalization of $1.04 billion, a price-to-earnings (PE) ratio of 9.25, and a beta of 1.07. The Vanguard S&P Mid-Cap 400 Growth ETF has experienced a one-year low of $94.96 and a one-year high of $124.73.
Overview of Vanguard S&P Mid-Cap 400 Growth ETF
The Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is an exchange-traded fund that tracks the S&P Mid Cap 400 Growth index. This index consists of growth-oriented companies selected from the S&P 400, managed by Vanguard since its launch on September 9, 2010.
Investment, ETF, Vanguard