Independent Advisor Alliance Acquires New Position in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO)

Independent Advisor Alliance acquired a new stake in Vanguard S&P Mid-Cap 400 ETF (NYSEARCA:IVOO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,526 shares of the company’s stock, valued at approximately $372,000.

A number of other hedge funds have also recently modified their holdings of the company. Edge Financial Advisors LLC grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 0.7% in the fourth quarter. Edge Financial Advisors LLC now owns 16,112 shares of the company’s stock valued at $1,700,000 after purchasing an additional 114 shares during the period. TD Private Client Wealth LLC grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 6.2% in the third quarter. TD Private Client Wealth LLC now owns 2,879 shares of the company’s stock valued at $304,000 after purchasing an additional 167 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 58.3% in the fourth quarter. Jones Financial Companies Lllp now owns 475 shares of the company’s stock valued at $50,000 after purchasing an additional 175 shares during the period. Great Valley Advisor Group Inc. grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 2.9% in the third quarter. Great Valley Advisor Group Inc. now owns 7,457 shares of the company’s stock valued at $788,000 after purchasing an additional 207 shares during the period. Finally, Crestwood Advisors Group LLC grew its holdings in shares of Vanguard S&P Mid-Cap 400 ETF by 7.1% in the fourth quarter. Crestwood Advisors Group LLC now owns 3,215 shares of the company’s stock valued at $339,000 after purchasing an additional 212 shares during the period.

Vanguard S&P Mid-Cap 400 ETF Trading Down 0.8 %

Shares of IVOO opened at $99.89 on Wednesday. The firm has a market capitalization of $2.39 billion, a P/E ratio of 17.72 and a beta of 1.14. The firm has a 50-day moving average price of $106.16 and a 200 day moving average price of $106.92. Vanguard S&P Mid-Cap 400 ETF has a 12-month low of $94.90 and a 12-month high of $115.71.

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.