Kovack Advisors Inc. Has $442,000 Stock Position in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Kovack Advisors Inc. raised its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 11.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,653 shares of the company’s stock after purchasing an additional 169 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Small-Cap Growth ETF were worth $442,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of VBK. Oppenheimer & Co. Inc. grew its holdings in shares of Vanguard Small-Cap Growth ETF by 9.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 1,722 shares of the company’s stock worth $449,000 after purchasing an additional 142 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Vanguard Small-Cap Growth ETF by 1.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 94,711 shares of the company’s stock worth $23,690,000 after buying an additional 1,614 shares in the last quarter. Retirement Investment Advisors Inc. acquired a new position in shares of Vanguard Small-Cap Growth ETF in the 2nd quarter valued at $12,012,000. International Assets Investment Management LLC lifted its holdings in shares of Vanguard Small-Cap Growth ETF by 4.4% during the 2nd quarter. International Assets Investment Management LLC now owns 2,036 shares of the company’s stock worth $509,000 after acquiring an additional 85 shares during the period. Finally, Raymond James & Associates boosted its position in shares of Vanguard Small-Cap Growth ETF by 4.6% during the 2nd quarter. Raymond James & Associates now owns 245,612 shares of the company’s stock valued at $61,435,000 after acquiring an additional 10,901 shares in the last quarter.

Vanguard Small-Cap Growth ETF Stock Down 1.5 %

NYSEARCA:VBK opened at $284.98 on Friday. The firm has a market capitalization of $19.20 billion, a PE ratio of 23.60 and a beta of 1.31. Vanguard Small-Cap Growth ETF has a 12-month low of $211.36 and a 12-month high of $294.89. The firm has a 50-day moving average price of $268.56 and a 200 day moving average price of $258.11.

About Vanguard Small-Cap Growth ETF

Vanguard Small-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Small-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Small Cap Growth Index (the Index). The Index is a diversified index of growth stocks of smaller United States companies.