Newbridge Financial Services Group Inc. Invests $42,000 in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)

Newbridge Financial Services Group Inc. purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 444 shares of the company’s stock, valued at approximately $42,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Christopher J. Hasenberg Inc boosted its position in Vanguard S&P Mid-Cap 400 Value ETF by 203,177.3% during the fourth quarter. Christopher J. Hasenberg Inc now owns 44,721 shares of the company’s stock valued at $4,273,000 after purchasing an additional 44,699 shares in the last quarter. EP Wealth Advisors LLC boosted its position in Vanguard S&P Mid-Cap 400 Value ETF by 513.8% during the third quarter. EP Wealth Advisors LLC now owns 29,511 shares of the company’s stock valued at $2,825,000 after purchasing an additional 24,703 shares in the last quarter. Virtu Financial LLC bought a new stake in Vanguard S&P Mid-Cap 400 Value ETF during the third quarter valued at about $1,716,000. JPMorgan Chase & Co. boosted its position in Vanguard S&P Mid-Cap 400 Value ETF by 41.3% during the third quarter. JPMorgan Chase & Co. now owns 22,852 shares of the company’s stock valued at $2,188,000 after purchasing an additional 6,679 shares in the last quarter. Finally, OFC Financial Planning LLC bought a new stake in Vanguard S&P Mid-Cap 400 Value ETF during the fourth quarter valued at about $594,000.

Vanguard S&P Mid-Cap 400 Value ETF Price Performance

Shares of IVOV stock opened at $98.07 on Wednesday. Vanguard S&P Mid-Cap 400 Value ETF has a 1-year low of $83.15 and a 1-year high of $105.65. The stock’s 50-day moving average is $98.37 and its 200 day moving average is $96.62. The company has a market cap of $958.14 million, a P/E ratio of 6.72 and a beta of 1.07.

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.