Cerity Partners LLC Increases Stake in Vanguard Mid-Cap Value ETF (NYSEARCA:VOE)
Cerity Partners LLC has recently increased its investment in shares of the Vanguard Mid-Cap Value ETF (NYSEARCA:VOE – Free Report) by 6.0% in the third quarter. This information was disclosed in their latest 13F filing with the Securities & Exchange Commission. Following this increase, the firm now holds a total of 23,457 shares of the ETF after purchasing an additional 1,323 shares during this period. As of the conclusion of the most recent reporting phase, Cerity Partners LLC's holdings in the Vanguard Mid-Cap Value ETF are valued at approximately $3,933,000.
In addition to Cerity Partners LLC, other institutional investors have also adjusted their stakes in the Vanguard Mid-Cap Value ETF. For instance, Russell Investments Group Ltd. made a new investment in the ETF during the first quarter, valued at $243,000. Tidal Investments LLC increased its position in the ETF by 5.3% within the same quarter, acquiring 606 additional shares to bring their total to 12,040 shares, which are now valued at $1,877,000. Furthermore, Comerica Bank raised its stake by 0.6% in the first quarter, acquiring an additional 355 shares, leading to a total of 59,595 shares valued at $9,291,000. Cetera Investment Advisers made a significant increase of 201.3%, owning now 232,131 shares worth $36,192,000 after adding 155,095 shares. Similarly, Cetera Advisors LLC boosted its holdings by 65.5% in the same timeframe, purchasing an extra 13,926 shares to reach a total of 35,187 shares valued at $5,486,000.
Recent Trading Overview of Vanguard Mid-Cap Value ETF
On Friday, the shares of the Vanguard Mid-Cap Value ETF opened at $176.18. Over the past year, the ETF has seen a low of $135.68 and a high of $176.83. The ETF currently holds a market capitalization of $18.75 billion, with a price-to-earnings (PE) ratio of 15.05 and a beta value of 0.83, indicating its price volatility in comparison to the market. The 50-day simple moving average of the ETF stands at $169.27, while the 200-day moving average is at $160.62.
Overview of Vanguard Mid-Cap Value ETF
The Vanguard Mid-Cap Value Index Fund is classified as an open-end investment company, commonly recognized as a mutual fund. This fund provides two distinct classes of shares: Investor Shares and ETF Shares. The Investor Shares can be accessed by any investor who meets the minimum purchase requirements, while the ETF Shares can be acquired and sold via a broker.
Cerity, Partners, Investments