Paulson Wealth Management Inc. Cuts Position in Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT)

Paulson Wealth Management Inc. lowered its stake in shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) by 28.9% during the third quarter, Holdings Channel.com reports. The firm owned 5,403 shares of the company’s stock after selling 2,191 shares during the quarter. Paulson Wealth Management Inc.’s holdings in Vanguard Mid-Cap Growth ETF were worth $1,315,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VOT. Axiom Advisory LLC grew its stake in shares of Vanguard Mid-Cap Growth ETF by 11.2% during the third quarter. Axiom Advisory LLC now owns 3,101,049 shares of the company’s stock worth $722,189,000 after acquiring an additional 312,321 shares during the last quarter. Assetmark Inc. increased its stake in Vanguard Mid-Cap Growth ETF by 5.1% during the 3rd quarter. Assetmark Inc. now owns 2,185,745 shares of the company’s stock valued at $532,163,000 after purchasing an additional 105,947 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Mid-Cap Growth ETF by 48,737.1% in the second quarter. Strategic Financial Concepts LLC now owns 1,596,973 shares of the company’s stock worth $366,601,000 after buying an additional 1,593,703 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Mid-Cap Growth ETF by 2.0% during the second quarter. LPL Financial LLC now owns 616,627 shares of the company’s stock worth $141,553,000 after buying an additional 11,860 shares during the period. Finally, EP Wealth Advisors LLC grew its holdings in shares of Vanguard Mid-Cap Growth ETF by 12.5% during the second quarter. EP Wealth Advisors LLC now owns 518,452 shares of the company’s stock valued at $119,016,000 after buying an additional 57,693 shares during the last quarter.

Vanguard Mid-Cap Growth ETF Stock Performance

Shares of VOT opened at $263.40 on Wednesday. The stock has a 50-day moving average of $244.01 and a two-hundred day moving average of $235.44. The stock has a market cap of $14.81 billion, a P/E ratio of 29.99 and a beta of 1.15. Vanguard Mid-Cap Growth ETF has a one year low of $191.96 and a one year high of $265.27.

About Vanguard Mid-Cap Growth ETF

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.