FineMark National Bank & Trust Makes New $216,000 Investment in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT)

FineMark National Bank & Trust purchased a new stake in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 852 shares of the company’s stock, valued at approximately $216,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Assetmark Inc. grew its holdings in Vanguard Mid-Cap Growth ETF by 4.7% during the 4th quarter. Assetmark Inc. now owns 2,288,077 shares of the company’s stock valued at $580,600,000 after buying an additional 102,332 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in shares of Vanguard Mid-Cap Growth ETF by 26,367.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,856,460 shares of the company’s stock valued at $471,077,000 after acquiring an additional 1,849,446 shares during the period. EP Wealth Advisors LLC grew its stake in Vanguard Mid-Cap Growth ETF by 38.1% during the third quarter. EP Wealth Advisors LLC now owns 715,993 shares of the company’s stock valued at $174,323,000 after acquiring an additional 197,541 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in Vanguard Mid-Cap Growth ETF by 8,892.5% during the 4th quarter. Wealthfront Advisers LLC now owns 706,000 shares of the company’s stock worth $179,148,000 after acquiring an additional 698,149 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in Vanguard Mid-Cap Growth ETF by 2.2% in the 4th quarter. Jones Financial Companies Lllp now owns 699,325 shares of the company’s stock worth $177,454,000 after purchasing an additional 15,146 shares in the last quarter.

Vanguard Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:VOT opened at $250.88 on Thursday. The company has a market cap of $15.28 billion, a price-to-earnings ratio of 28.89 and a beta of 1.17. Vanguard Mid-Cap Growth ETF has a one year low of $213.81 and a one year high of $277.35. The firm has a fifty day moving average price of $261.58 and a two-hundred day moving average price of $256.85.

Vanguard Mid-Cap Growth ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a dividend of $0.4516 per share. This is a boost from Vanguard Mid-Cap Growth ETF’s previous dividend of $0.39. The ex-dividend date of this dividend is Thursday, March 27th.

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.