JoAnn Heisen - Vanguard Mid Independent Trustee

VO Etf  USD 281.84  2.56  0.92%   
JoAnn Heisen is Portfolio Manager at Vanguard Mid Cap Index
Ms. JoAnn Heffernan Heisen is Independent Trustee of Vanguard Value. She Retired Corporationrationrate Vice President, Chief Global Diversity Officer, and Member of the Executive Committee of Johnson Johnson Vice President and Chief Information Officer of Johnson Johnson Director of the University Medical Center at Princeton and Womens Research and Education Institute.
Age 62
Tenure 26 years
IssuerVanguard
Inception Date2004-01-26
BenchmarkCRSP US Mid Cap Index
Entity TypeRegulated Investment Company
Asset Under Management75.4 Billion
Average Trading Valume696,239.3
Asset TypeEquity
CategorySize and Style
FocusMid Cap
Market ConcentrationDeveloped Markets

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The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. Midcap ETF is traded on NYSEARCA Exchange in the United States. Vanguard Mid Cap Index [VO] is traded in USA and was set up on 2004-01-26.

Vanguard Mid Cap Money Managers

J Wilson, Independent Trustee
JoAnn Heisen, Independent Trustee
Emerson Fullwood, Independent Trustee
Heidi Stam, Secretary
Kathryn Hyatt, Treasurer
Alfred Rankin, Independent Trustee
F McNabb, Chairman of the Board, President, Chief Executive Officer,
Rajiv Gupta, Independent Trustee
Thomas Higgins, Chief Financial Officer
Amy Gutmann, Independent Trustee
Andre Perold, Independent Trustee

Vanguard Etf Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is Vanguard Mid a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Vanguard Mid

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vanguard Mid position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vanguard Mid will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vanguard Etf

  0.83VXF Vanguard Extended MarketPairCorr
  0.83IWR iShares Russell MidPairCorr
  0.83MDY SPDR SP MIDCAPPairCorr
  0.96FV First Trust DorseyPairCorr

Moving against Vanguard Etf

  0.76BND Vanguard Total BondPairCorr
  0.53VEA Vanguard FTSE DevelopedPairCorr
The ability to find closely correlated positions to Vanguard Mid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vanguard Mid when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vanguard Mid - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vanguard Mid Cap Index to buy it.
The correlation of Vanguard Mid is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vanguard Mid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard Mid Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vanguard Mid can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Mid Cap Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Vanguard Mid Cap is measured differently than its book value, which is the value of Vanguard that is recorded on the company's balance sheet. Investors also form their own opinion of Vanguard Mid's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Mid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vanguard Mid's market value can be influenced by many factors that don't directly affect Vanguard Mid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vanguard Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Mid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.