Phillips Financial Management LLC Has $4.95 Million Holdings in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO)

Phillips Financial Management LLC decreased its holdings in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) by 1.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 46,810 shares of the company’s stock after selling 548 shares during the quarter. Phillips Financial Management LLC’s holdings in Vanguard S&P Mid-Cap 400 ETF were worth $4,945,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Lowe Wealth Advisors LLC bought a new position in shares of Vanguard S&P Mid-Cap 400 ETF in the second quarter valued at approximately $29,000. Asset Dedication LLC bought a new position in Vanguard S&P Mid-Cap 400 ETF during the 2nd quarter valued at $40,000. Russell Investments Group Ltd. purchased a new position in Vanguard S&P Mid-Cap 400 ETF during the 1st quarter worth $41,000. Mather Group LLC. bought a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the 2nd quarter worth $44,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Vanguard S&P Mid-Cap 400 ETF in the second quarter valued at about $52,000.

Vanguard S&P Mid-Cap 400 ETF Price Performance

IVOO opened at $108.62 on Monday. Vanguard S&P Mid-Cap 400 ETF has a fifty-two week low of $84.89 and a fifty-two week high of $113.01. The company’s 50-day moving average is $106.09 and its 200 day moving average is $102.74. The firm has a market capitalization of $2.13 billion, a P/E ratio of 7.55 and a beta of 1.11.

Vanguard S&P Mid-Cap 400 ETF Profile

The Vanguard S&P Mid-Cap 400 ETF (IVOO) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies. IVOO was launched on Sep 9, 2010 and is managed by Vanguard.