Merit Financial Group LLC Grows Stock Holdings in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)

Merit Financial Group LLC boosted its holdings in shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) by 7.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,290 shares of the company’s stock after acquiring an additional 504 shares during the period. Merit Financial Group LLC owned about 0.08% of Vanguard S&P Mid-Cap 400 Value ETF worth $671,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. IHT Wealth Management LLC raised its position in Vanguard S&P Mid-Cap 400 Value ETF by 2.7% during the fourth quarter. IHT Wealth Management LLC now owns 3,941 shares of the company’s stock worth $377,000 after acquiring an additional 103 shares during the last quarter. Mosaic Family Wealth Partners LLC raised its position in Vanguard S&P Mid-Cap 400 Value ETF by 2.8% during the fourth quarter. Mosaic Family Wealth Partners LLC now owns 5,554 shares of the company’s stock worth $531,000 after acquiring an additional 150 shares during the last quarter. Ameriflex Group Inc. acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $38,000. Oppenheimer & Co. Inc. raised its position in Vanguard S&P Mid-Cap 400 Value ETF by 4.5% during the fourth quarter. Oppenheimer & Co. Inc. now owns 8,971 shares of the company’s stock worth $857,000 after acquiring an additional 389 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. acquired a new position in Vanguard S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $42,000.

Vanguard S&P Mid-Cap 400 Value ETF Trading Up 0.7%

Shares of IVOV opened at $93.78 on Tuesday. The stock has a market cap of $914.36 million, a P/E ratio of 16.17 and a beta of 1.06. The company has a 50-day moving average of $89.05 and a two-hundred day moving average of $94.38. Vanguard S&P Mid-Cap 400 Value ETF has a 12-month low of $78.72 and a 12-month high of $105.65.

Vanguard S&P Mid-Cap 400 Value ETF Company Profile

The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Value index. The fund tracks an index of value-style securities from the Committee-selected S&P mid-cap 400. IVOV was launched on Sep 9, 2010 and is managed by Vanguard.