Vmbook Online ordering

Vanguard Sp Mid Cap 400 Growth Idx Etf

Vanguard S&P Mid-Cap 400 Growth Index Fund seeks to track the investment results of the S&P Mid-Cap 400 Growth Index. It invests directly in stocks within the index, which covers mid-cap companies from various sectors. The fund's full name is Vanguard Sp Mid-Cap 400 Growth Index Fund. Its ticker symbol is IVOG.

Here are some key details regarding Vanguard S&P Mid-Cap 400 Growth Index Fund (IVOG):

1. Fund Type:

Vanguard S&P Mid-Cap 400 Growth Index Fund is classified as a domestic stock fund or equity fund. It focuses its investment in US common stocks, which are included in mid-cap markets.

2. Investment Strategy:

Vanguard S&P Mid-Cap 400 Growth Index Fund seeks to track the investment results of the S&P Mid-Cap 400 Growth Index, which covers approximately 75% of the market capitalization of the S&P 400 Index.

3. Index Replication:

To meet its investment goals, the fund replicates the performance of the target index by holding a basket of stocks in similar proportions to the index's weightings. The fund manager, James P. Reardon, manages the US home and foreign investments, with Darcie A. Folsom as his assistant.

4. ETF characteristics:

The Vanguard Mid-Cap 400 Growth Index (IVOG) exchange-traded fund (ETF) tracks its target index using a passive management or indexing investment approach. The fund is listed on the NYSE Arca and holds the underlying equities in the same proportion as the S&P Mid-Cap 400 Growth Index.

5. Trading:

Vanguard Sp Mid-Cap 400 Growth ETF (IVOG) trades on the NYSE Arca exchange under the ticker symbol IVOG. It is a no-load fund with a low expense ratio of 0.18%.

6. Distribution Yield:

Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) distribution yield of 1.59% as of May 03, 2023.

7. Top Holdings:

The top ten holdings of the Vanguard Mid-Cap 400 Growth ETF (IVOG) include:

* First Republic Bank (FRC): 2.23%

* Moderna Inc. (MRNA): 1.86%

* Peloton Interactive (PTON): 1.76%

* Activision Blizzard (ATVI): 1.54%

* DocuSign (DOCS): 1.46%

* Zoom Video Communications (ZM): 1.43%

* CrowdStrike Holdings (CRWD): 1.42%

* Tyler Technologies (TYL): 1.37%

* Square Inc. (SQ): 1.36%

* Atlassian Corporation PLC (TEAM): 1.33%

8. Market capitalization:

The net assets of the Vanguard Mid-Cap 400 Growth ETF are approximately $23.3 billion, with 403 holdings.

9. Performance:

The fund's one-year return is 6.9%, three years is 10.3%, and five years is 9.8% as of May 5, 2023. It has a three-year beta of 1.15. It has an annualized return of 6.94% over the past 5 years and 10.39% over the past decade.

10. Average Spread:

The average spread is 0.07%. Deviating from its benchmark index, the Vanguard S&P Mid-Cap 400 Growth Index Fund has a 12-month ratio of 0.18%.

It's essential to remember that exchange-traded funds (ETFs) may be subject to brokerage commissions, and investors should closely examine features like trading fees, margins, and expenditure ratios before investing. It's recommended to do your research and consider consulting with an investment advisor if needed. This information aids your understanding, but you should not use it as investment guidance. Does this adequately address your query?

Please let me know if there is anything else you would like to discuss; I am here to help you with any questions regarding the stock market.