Synovus Financial Corp Cuts Stock Holdings in Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV)

Synovus Financial Corp trimmed its stake in shares of Vanguard S&P Mid-Cap 400 Value ETF (NYSEARCA:IVOV) by 49.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,223 shares of the company’s stock after selling 2,217 shares during the quarter. Synovus Financial Corp’s holdings in Vanguard S&P Mid-Cap 400 Value ETF were worth $213,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. acquired a new stake in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 4th quarter valued at $42,000. Pinnacle Bancorp Inc. raised its stake in Vanguard S&P Mid-Cap 400 Value ETF by 803.1% in the fourth quarter. Pinnacle Bancorp Inc. now owns 578 shares of the company’s stock valued at $55,000 after buying an additional 514 shares in the last quarter. VSM Wealth Advisory LLC purchased a new stake in Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $57,000. Crowley Wealth Management Inc. acquired a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF during the 4th quarter worth about $57,000. Finally, Archer Investment Corp purchased a new position in shares of Vanguard S&P Mid-Cap 400 Value ETF in the 4th quarter valued at about $69,000.

Vanguard S&P Mid-Cap 400 Value ETF Stock Up 1.1 %

IVOV stock opened at $85.31 on Friday. The stock has a market cap of $823.24 million, a price-to-earnings ratio of 15.16 and a beta of 1.06. Vanguard S&P Mid-Cap 400 Value ETF has a fifty-two week low of $78.72 and a fifty-two week high of $105.65. The business has a 50 day moving average price of $91.50 and a 200 day moving average price of $96.19.

Vanguard S&P Mid-Cap 400 Value ETF 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.