Community Financial Services Group LLC Reduces Stake in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT)

Community Financial Services Group LLC has reduced its holdings in the Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT – Free Report) by 2.3% during the third quarter, as revealed in its latest filing with the SEC. Following the sale of 170 shares, the firm now holds a total of 7,169 shares of the ETF, which were valued at approximately $1,745,000 at the time of the recent disclosure.

In addition to Community Financial Services Group LLC, several other institutional investors have also made adjustments to their positions in VOT. For instance, Fisher Asset Management LLC increased its stake in the Vanguard Mid-Cap Growth ETF by 28.3% in the fourth quarter, acquiring an additional 397 shares, bringing its total ownership to 1,798 shares valued at $395,000. Additionally, &PARTNERS invested in the ETF in the first quarter, contributing a stake valued at around $297,000. Riverview Trust Co also entered the market by purchasing a new stake valued at about $29,000 during the same quarter. Other institutions, including Gilman Hill Asset Management LLC and Evanson Asset Management LLC, have made similar investments in the ETF, adjusting their positions to reflect market opportunities.

Performance of Vanguard Mid-Cap Growth ETF

As of Tuesday, shares of the Vanguard Mid-Cap Growth ETF opened at $250.20. Over the past year, the ETF has experienced fluctuations, reaching a low of $179.43 and a high of $252.52. The ETF holds a market capitalization of $14.07 billion and has a price-to-earnings (P/E) ratio of 29.99, along with a beta of 1.15, indicating its volatility compared to the market. The ETF also reports a 50-day simple moving average of $239.07 and a 200-day simple moving average of $232.82, providing further insight into its price trends.

About Vanguard Mid-Cap Growth ETF

The Vanguard Mid-Cap Growth ETF is an exchange-traded fund that represents a share class of the Vanguard Mid-Cap Growth Index Fund. This fund aims to provide investment results that closely correspond to the performance of the MSCI US Mid Cap Growth Index. The index is comprised of a diverse array of growth stocks from medium-sized companies in the United States.

Further Information

For those interested in more details concerning the Vanguard Mid-Cap Growth ETF, various resources are available. You can check recent hedge fund activities related to this ETF and receive updates on institutional holdings through reputable financial channels.

Investment, ETFs, Finance